The Death of Privacy

Debra D'Agostino writes, "Why don't companies care about privacy? Because there's not enough money to be made from securing sensitive customer information, says Jeff Rothfeder in an article posted recently at CIO Insight. Furthermore, there's not enough money to be lost in privacy breaches for companies to care. 'Most companies claim that privacy is a priority — chiefly because they believe consumers are more willing to do repeat business with them if personal information is carefully handled,' he writes. 'But in reality, many companies are woefully inept at protecting privacy.'"

Comments

Re:Why is this surprising?

[cp.tar]

Why do I envision a future society in which any kind of concern for privacy will be treated as a signal you have something to hide?

Oh, of course... that's because I'm paranoid.
My bad.

Supply-and-demand principle is ok in most respects, but if sheeple get used to their privacy being... well, public - it might become too late.

But I'm just paranoid. Don't mind me.