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Mint Mobile discloses new data breach exposing customer data
(www.bleepingcomputer.com)
This is a most excellent place for technology news and articles.
Profit > Security. These companies don't care so long as the consequences don't affect profit significantly enough. Infosec is always an afterthought, if considered at all.
Stupidest thing I've ever heard, you've clearly never worked for a company that's dealt with a customer info data breach. It costs them massive amounts of money to clean them up, pay for identity protection (never take that) and the PR alone costs them more in the end.