Data Breaches, Capital One, and AWS

“Wayne Sadin on Digital Strategy” episodes will explore the
fast-changing and high-stakes world of digital business. We’ll
focus on what CEOs and boards must do to lead their companies
successfully into the Digital Age. Today, we talk about
hyperscaling, digital transformation, and shifts in enterprise
technology that are creating opportunities for differentiation.


Episode 7


In this episode: Wayne looks at Capital One and their data
breach. Is it Amazon’s (AWS) fault or Capital One’s fault. He
digs down to say that Capital One shoulders the blame – but they
noticed the discrepancies and did their best to patch it. Hackers
will always be upgrading their technology and sharpening their
tools – and we need to be diligent.


Wayne compares it to a hole in a fence. You can drive trucks
through there and you’re perfectly safe. But what if a human
being can walk through the hole; then you have a problem. But
Wayne says that no one should spend enormous sums on
cybersecurity when you can buy preconfigured solutions for most
of the standard problems facing you.


He then goes on to say if we turned up everybody’s thermostat to
100 degrees during the middle of a heat wave, how many pets and
how many people would we kill?


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