Leaking customers' data bears no meaningful penalties and has no repercussions while securely storing said data costs money, add frictions and brings nothing but expenses to the bottom line.
Many companies will make a wise business decision to never spend a single cent in the direction of security and safety of data.
I'm not sure about that.
Leaking customers' data bears no meaningful penalties and has no repercussions while securely storing said data costs money, add frictions and brings nothing but expenses to the bottom line.
Many companies will make a wise business decision to never spend a single cent in the direction of security and safety of data.