Larry Dignan over at EWeek.com asks us how much our personal data is worth. He proposes “Stiffer fines, Safter Data“. I agree and disagree; stiffer fines will eventually lead to safer data, but it won’t happen right away. Enterprises need maintainable solutions and process that work first. In my opinion, identity theft lawsuits and media frenzy will drive this “solution”.
How much is your stolen, used, and abused identity worth to you? Is $1000 enough? Has your identity been stolen? How much did it end up costing you money and time-wise?