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The (non-technical) CEO pushed for new products and an aggressive sales quota company culture. This is a common recipe for disaster when the actual product qua

The (non-technical) CEO pushed for new products and an aggressive sales quota company culture. This is a common recipe for disaster when the actual product quality/security is no longer a core value. The CEOs in these environments honestly have no clue what an "outdated Struts patch" is... so it's difficult to hold them criminally responsible. I'm not excusing this behavior. In fact, quite the opposite. More indictments and congressional pressure on Equifax will hopefully persuade future CEOs to make IT security, data privacy, and consumer trust foundation product values.

lovich 9y ago
When you take charge of an organization, and reap the benefits from being in charge, you accept the responsibility as well. How could you not hold the CEO criminally responsible for this much damage just because they neglected to get informed on these topics or get expert opinions if they didn't have the ability to become informed. If that's the case every company should have a head "CEO" who knows nothing and just does what a shadow CEO tells him to do. Then no one would be responsible ever!
- matchagaucho 9y ago
  But he did accept the responsibility. He's no longer CEO and forfeited his incentive compensation.
  - barrkel 9y ago
    That's not good enough. That's like letting bank robbers go just because they got caught and forfeited their gains. The punishment must exceed the monetary gains to account for the less than 100% probability of things like this getting caught.
    - YuriNiyazov 9y ago
      It does. Dudes like that really care about their careers, and his is undoubtedly over
      - Pokepokalypse 9y ago
        you assume that. But a lot of these slimy characters keep coming back, end up on boards of directors, or running for public office. It's almost a bad cliche now. It happens even when they get convicted and do time. Watch and see what happens to Shrkelli in 8 years.

lovich 9y ago

When you take charge of an organization, and reap the benefits from being in charge, you accept the responsibility as well. How could you not hold the CEO criminally responsible for this much damage just because they neglected to get informed on these topics or get expert opinions if they didn't have the ability to become informed. If that's the case every company should have a head "CEO" who knows nothing and just does what a shadow CEO tells him to do. Then no one would be responsible ever!

matchagaucho 9y ago
But he did accept the responsibility. He's no longer CEO and forfeited his incentive compensation.
- barrkel 9y ago
  That's not good enough. That's like letting bank robbers go just because they got caught and forfeited their gains. The punishment must exceed the monetary gains to account for the less than 100% probability of things like this getting caught.
  - YuriNiyazov 9y ago
    It does. Dudes like that really care about their careers, and his is undoubtedly over
    - Pokepokalypse 9y ago
      you assume that. But a lot of these slimy characters keep coming back, end up on boards of directors, or running for public office. It's almost a bad cliche now. It happens even when they get convicted and do time. Watch and see what happens to Shrkelli in 8 years.