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The Future of Cyber Regulation in the New Administration - Ilona Cohen, Jenn Gile - ESW #395

Enterprise Security Weekly (Audio)

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The Flawed Economics of Cybersecurity Fines

This chapter analyzes the inefficacy of financial penalties for HIPAA violations, especially in large healthcare organizations like UnitedHealthcare. It highlights the disparity between corporate fines and executive compensation, questioning the deterrent effect of such penalties. The discussion also critiques the reliability of cybercrime statistics and the supposed demand for cybersecurity professionals, bringing humor to serious concerns in the field.

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