Tag: Black Swan

  • Imperfect knowledge security

    A few months ago I wrote about The Black Swan of Security – how major data loss events have 3 common characteristics – 1) A major data loss event appears as a complete surprise to the company . 2) Data loss has a major impact to the point of maiming or destroying the institution (note […]

  • The black swan of security

    A major data loss event like Hannaford Supermarkets (4M credit card records leaked…) is a black swan as described by Nassim Nicholas Taleb – it has three characteristics: Appears as a complete surprise to the company Has a major impact to the point of maiming or destroying the institution (note the case of Card Systems […]