https news ycombinator com item id=13185620 bmh100 3…

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bmh100 3 hours ago [-]

One benefit of these incidents at Yahoo! is that they represent salient, clear examples of the cost of poor information security. CIOs and security directors will be able to point to this deal as evidence that poor security can have material impact on the business and destroy massive shareholder value, even years after the fact. A 6.5% intra-day dip sends a clear message. Even a CFO can now see that information security should be viewed as vital insurance that directly impacts shareholder value.