Yeah exactly. It's a huge cost upfront and zero immediate benefits. The investment is worth it to prevent losing value due to a breach, but unfortunately it seems pretty OK for for-profit companies to "loose" data from millions of their customers without facing any sort of consequences.
I'm not exactly saying it should be entirely okay for non-profits, but these generally don't have the resources/budget to ensure any form of security so i don't have the same standards. In my book, a for-profit business leaking user data due to preventable mistakes should be dissolved instantly by law for endangering uselessly their customers.
> we had a speaker from northrup-grunman
Uh. Sorry for you. These military industrial complex people have the best security advice, but they're the worst kind of humans.
As for the for-profit companies. For some reason there is not enough value placed on security in the eyes of the public. Sony is still a major player in the gaming industry, even though the massive hack years ago. Not saying Sony should not be in business, but I don't think it made any major impact on their ability to sell consoles. Security compromises don't seem to have nearly the same impact as other kinds of compromises.