Can $1M in damages be accurate in a website defacement?

Corporate security pros should note that journalist Matthew Keys was convicted this week of changing a headline on the LA Times Web site, a case that may help define what can be included when a toting up damages caused by hackers.

The bill cited in court came to $ 929,977 for the cost of changing back the altered headline, which stayed live for less than an hour, but also the cost of assessing what other damage was done and fixing it, which took months. You can read details about the case here and here.

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Network World Tim Greene