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Verizon just raised a big warning flag for Yahoo
- oneloop 10y agoLawsuit: Yahoo CEO Illegally Purged Male Workers to Replace with Women https://www.youtube.com/watch?v=XnrkkMtHBL0 https://www.youtube.com/watch?v=XnrkkMtHBL0 EDIT: Haha why is this being downvoted so heavily? Is it because it's off-topic, or you don't like the suggestion that someone could be discriminatory against men, or what?
- jstandard 10y agoI didn't downvote, but your comment is 1) off topic and 2) doesn't further a discussion or make a point. You just dropped a link with no explanation.
- pcurve 10y agoProbably because it's off topic and not the main reason why Verizon is raising red flag. If you thought it was relevant, then a short blurb explaining your reasoning would've helped. (would be my guess)
- oneloop 10y agoI just thought it was interesting. What's the protocol to share something I find interesting and not directly related to the main thread? Create a whole new thread?
- pcurve 10y agoThere was already a thread about the lawsuit, so many are probably fatigued out by it... hence the possible downvotes. You've been a long timer... I think you know the protocol probably better than many others. :)
- oneloop 10y agoActually, I've only started commenting a few months ago. I also missed that thread about the lawsuit. Anyway, doesn't matter. Thanks.
- deleted 10y ago[deleted]
- PeCaN 10y agoProbably because only women can be discriminated against. …Well, that, or because it's most definitely off topic.
- justinlardinois 10y agoFrom a thread about the data breach: > Investors are conflicted: on the one hand, Yahoo had a data breach that will cost them trust, but on the other hand, investors are surprised to hear there are still 500 million Yahoo users. https://news.ycombinator.com/item?id=12559594 https://news.ycombinator.com/item?id=12559594
- pcurve 10y agoYahoo's operating income since Mayer took seat. 2012: 802.5M 2013: 579.4M 2014: 218.7M 2015: -127.5M Wait til 2016 numbers come in. Revenue flat at $5 billion.
- oneloop 10y agoOuch that's painful to look at.
- carterehsmith 10y agoNow, those numbers do not explain everything. Consider Uber revenue, and operating income ... the numbers are horrible, but the overall outlook is obviously different.
- pcurve 10y agoUber's revenue 2013: 160m 2014: 440m 2015: 1.5 billion Yahoo's revenue 2012 - 2015: 5 billion flat, with dip in the middle. Uber experienced explosive growth in user base... can't say the same about Yahoo. Apple - orange comparison.
- carterehsmith 10y agoSo... Uber's revenue is still less than Yahoo's, right? Explosive growth? If you are losing money, like Uber is, that means exploding loss. Is that good? How about operating income? They both seem to be bleeding money.
- gjolund 10y agoFound the yahoo shareholder.
- deleted 10y ago[deleted]
- jessaustin 10y agoBut Silliman made clear on Thursday that the “state-sponsored” nature of the breach would have no bearing on the analysis of materiality. “From a legal perspective,” he said, “the question . . . ‘is it a state-sponsored attack?’ isn't really relevant in terms of what we're looking at. The question is whether this [had] a material or an adverse effect on the asset we are buying.” One can see why he didn't want to call "bullshit" publicly, and the news media is required to be dumb, but does anyone with a clue really believe these oh-so-convenient "state actor" attributions? We're supposed to imagine that Russia: 1) wanted what Yahoo had, and 2) wanted to get caught at it. What's the motivation? Did Marissa cut in front of some favored oligarch at the ski lift in Davos or something?
- oneloop 10y agoCome on... WikiLeaks drops shit on Clinton, blame Russia. Mayer does a terrible job, blame Russia. Who wants to bet that next we'll hear Elizabeth Holmes blaming Russia for her silly Edison machines not working properly.
- ewzimm 10y agoI'm outing you as a Russian shill, but yes, there's a strange amount of Russian-blaming going on. Meanwhile, Russians are distancing themselves from American software companies. I would too in this environment.
- heroprotagonist 10y agoWhile I suspect some of this is posturing for a better price, I'm certain from some past experience that Verizon is very serious about security. A lot of large enterprise take an approach my colleagues have referred to as 'rubber stamp security', that checks boxes in a compliance report while still remaining largely ineffective. For example, these companies buy tools and install them, but then never configure them properly. From what I've seen of Verizon, they are more serious about security and beyond requiring an effective toolset, they take the approach of hiring new people who already know the tools well or give effective training to their existing and competent people as part of the onboarding process. This sounds like a no-brainer, but a lot of companies either don't do this or do it very poorly. Beyond any kind of material impact of the breach on Yahoo's business, it would require a _lot_ of work from their security teams to absorb Yahoo in a way that raises them to Verizon's standards. An acquisition of this size is rarely very easy, but having to completely overhaul the acquired company's entire security posture just adds to this effort. Verizon's security team has to consider Yahoo's infrastructure with very little trust at this point. I wouldn't much care for the prospect of having a flaming bag of poo deposited on my porch, either.
- fowl2 10y agothis... is certainly not my experience. However, they're a large organisation so they're most likely schizophrenic.
- heroprotagonist 10y agoThat's fair, I definitely don't have a global insight. Security teams are usually segmented in some way, rather than monolithic, with varying levels of competency among different teams. They do periodically put out some interesting reading. If you want to look at it, their annual Data Breach Investigations Report are worth checking out: http://www.verizonenterprise.com/verizon-insights-lab/dbir/ http://www.verizonenterprise.com/verizon-insights-lab/dbir/ (prior year reports don't require registration and are still fairly applicable)
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- paulsutter 10y agoThe delay informing Verizon is also a big deal: they are surely wondering what else they haven't been told.
- rosstex 10y agoAny way to bypass the free article limit on Washington Post?
- pmontra 10y agoIt's a big warning flag for everybody: pay attention to security (broadly) or there could be no exit at the end of the road of your startup.