Normalcy Bias Is Your Sneaky Competitor


If nothing bad has happened yet, people tend to assume it won’t. Here’s how to get around that. I’ve written about status quo biases before, but there’s a cousin that may be even more dangerous for product makers: Normalcy bias. It’s the instinct to believe that because things are fine today, they will stay fine tomorrow. Hmmm, no flood last year. No break-ins on OUR street. No ransomware on our network. So why invest? Until something happens. After a cyberattack, companies care deeply about...