As disturbing as the breach of some 500 million Yahoo customer accounts might be, most IT security professionals know that there but for the grace of Providence go they. While it’s difficult to say with any absolute certainty that things might have turned out differently, one of the major revelations in the wake of this breach is the tension that existed between Yahoo senior managers and the company’s IT security professionals over the amount of money being spent on IT security. Even in the best of times, business leaders are reluctant to increase spending year over year by more than a few percentage points. If the IT security budget is small to begin with, a five percent increase in spending from one year to the next is not likely to make much of a difference. … [Read More...]
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