Comment A good secret is known by two people (Score 1) 42
And you know where you buried the other person
If you store data or share it, you are at risk of losing that data. The more you share it and the more places you store it the more likely your secrets won't stay secret.
This is how I started my cryptography course at IBM.
These companies are storing your data and they don't care if it is leaked. They have been told what I said above, they took minimal precautions not to lose it. They took no precautions to scrub personal data. The data has some value to them and the loss to them from any breach is significantly less than this value. The fine for losing data you never should have stored in the first place should be stock price affecting. This wasn't some lucky hack, it wasn't even incompetence. The fact that they had the data shows malice.
If you store data or share it, you are at risk of losing that data. The more you share it and the more places you store it the more likely your secrets won't stay secret.
This is how I started my cryptography course at IBM.
These companies are storing your data and they don't care if it is leaked. They have been told what I said above, they took minimal precautions not to lose it. They took no precautions to scrub personal data. The data has some value to them and the loss to them from any breach is significantly less than this value. The fine for losing data you never should have stored in the first place should be stock price affecting. This wasn't some lucky hack, it wasn't even incompetence. The fact that they had the data shows malice.