Wow! The Big Daddy Security Company got its lunch eaten – the WSJ announced today “EMC’s SecurID Division Suffers ‘Sophisticated Cyber Attack‘”. CIO Art Coviello confesses here.
When you’re charging a 90% margin for your products based on your stance as a security maven, that really has to hurt. My organization uses their products; in fact, I have an RSA token sitting next to me now. It will be interesting to see how this plays out.