Experts said public companies worry about the loss of customer confidence and the legal liability to shareholders or security vendors when they report flaws.
Sentiment: NEGATIVE
Success produces confidence; confidence relaxes industry, and negligence ruins the reputation which accuracy had raised.
The weakness in the company is if we fail to execute.
Companies should be able to share specific threat information with the government without the prospect of lawsuits hanging over their head.
You can't operate a company by fear, because the way to eliminate fear is to avoid criticism. And the way to avoid criticism is to do nothing.
What I see in the corporate sector is very clearly an issue of a major shortfall in the issue of, what some people call confidence, but whatever you want to call it. Clearly people are looking out in the very distant future and they are saying that it is too complex.
Corporations understand the value of security because the leakage of their competitive information could be the end of the corporation.
I believe that if corporate America expects consumer confidence to be restored, they must first be honest with us.
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
Manufacturers must accept responsibility for their customers' safety.
What I worry about is that when problems are not addressed, people will not know who is responsible.
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