Bad security isn t just bad because it allows you to be exploited, it s also a long term cost center. But more interestingly, even the most worthless security tools can be proven to work if you look at the numbers. Banka.com has seen a two fold increase in fraud over the last few months. Bankb.com sees their fraud drop immediately after having installed the Snakeoil product. The story goes back to bear to bear in the woods that I personally hate.
Source: https://threatpost.com/effect-snake-oil-security-090710/74436/