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IT Security Costs Money, no IT Security Costs More Money

British Airways, or rather its customers, are the latest victims of a major hack that compromised sensitive personal data. Details of 380,000 credit cards are claimed to have been stolen in the data breach. This allegedly includes not only the credit card numbers but also the security numbers (CVV). This event is no exception to the phenomenon that  hardly any attention is given to cybersecurity in the mainstream media. Several technical websites have reported the incident online but apart from this details are scarce. After all it's just a data theft – happens all the time. And why should customers get upset? If stolen credit card numbers are used, the bank will reimburse the damage. It's cheaper and doesn't upset the customers.

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