When pursuing budget for resources (hiring, promotion, tech, outside counsel, whatever)…

How are you justifying the spend in commercial terms? How are you benchmarking the value add for shareholders?

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Just point them to the fines for privacy violations.

Not a privacy fine. A regulatory investigation. Privacy isn't any different than any other compliance requirement.

Uh, look at Elon trying to launch any new features while under the consent decree. He is stymied at every turn

Again, not sure why this is a debate. Shareholder value doesn't just magically go back up after a privacy issue. It takes tons of money and resources and it frequently permanently mars your company's reputation. CPOs and CISOs get fired. The board is sued by shareholders and investigated by the SEC. European regulators circle like carrion birds for the rest of time.

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😔

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