Rasch says all companies have to make accurate risk assessments and carry out their responsibilities to protect personal information they store. "They have to realize they are fiduciaries of customer data and have a moral and legal obligation to protect that data. They need to do everything reasonable," he says. "The cost of repairing after the fact is 10 to 100 times higher than preventing it in the first place."
Sony has said it will cost at least $171 million to deal with its breaches, but the number was calculated before the latest ones.
Read more about wide area network in Network World's Wide Area Network section.