On Mon, Feb 3, 2014 at 4:59 PM, Ted Lemon <ted.lemon@xxxxxxxxxxx> wrote:
On Feb 3, 2014, at 4:43 PM, Phillip Hallam-Baker <hallam@xxxxxxxxx> wrote:Sure, but as long as there is no regulatory pressure to do so and the end-user has to pay for the occasional slip-up, nothing will change. During that period, the opportunity exists to improve the state of the art in email security. Should we succeed before the first really big bank security disaster, it is possible that our solution will appear expedient
> But there is considerable money available to make them secure.
You mean before the London Whale loses $2 billion in rogue trading losses...
I am just waiting for one of these mega trading losses due to fraud to cause the likes of a Citi to go under.
At least Alexander had the decency to (eventually) offer his resignation after the consequences of his incompetence became apparent. The city types give themselves bonuses. Large ones.
Website: http://hallambaker.com/