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A recent New York Stock Exchange and Veracode survey of 200 corporate directors finds that a majority of board executives place the blame for data breaches on CEOs over security teams, and the reason for doing so might be money, Fortune reports. “That the directors are holding entire executive teams accountable ahead of security officers may reflect their acknowledgment that maintaining defenses costs time and money, and that higher-ups tend to hold the purse strings and set the priorities within organizations,” the report states. “Indeed, security officers can easily be hamstrung if they don’t receive the resources they need.”
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