Scott Montgomery, chief technology officer for the cybersecurity firm McAffee, told a cybersecurity meeting in Washington that the numbers of consumers being involved in data breaches has begun to numb both consumers and retailers.
"When you think of the numbers of consumers who have been impacted in some of the really big breaches like Target, and the numbers of breaches, I think consumers are starting to become numb to them," Montgomery told the audience attending In Digital We Trust, a seminar on cybersecurity offered by Bloomburg Government and Visa. "And after a while it gets to be part of the costs of doing business."
Executives, officials and cybersecurity executives attended the March 26 meeting in Washington, D.C.
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Montgomery spoke on a panel with Kim Ford, Vice President of Public Affairs from First Data Corporation and Laura Riposo, Assistant Director, Division of Privacy and Identity Protection with the FTC.
Ford pointed out that the cybersecurity conversation has begun to shift away from building walls to keeping hackers out of computer systems and instead toward an assumption that hackers will get in and how companies can protect essential data from hackers once they are in.
She also pointed out that the government needed to share more information with private industries if it expected private industries to share more information. "It's a two way street," Ford said.
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