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This looks like a somewhat hasty response: -"and we fixed all critical issues before the acquisition closed" - How can you fix issues when the acquiring party
by wjnc 8y ago
This looks like a somewhat hasty response:
-"and we fixed all critical issues before the acquisition closed" - How can you fix issues when the acquiring party is not yet under your control?
-"We further strengthen our security posture by implementing our own hardware designs for critical components such as processors [...]" - Own processor design by Amazon? They have the Alpine ARM-processor, but that type of processor is not the type of processor that runs on the allegedly compromised motherboards.
-What is Amazon exactly responding to? Amazon denies knowing of the hack ("was aware of") when acquiring the company. That's the same denial as in the BB article. But the main point in the BB-article is that is was Amazon that found out about the hack and notified US government. That doesn't mention any knowledge before the deal was struck? Only Apple clearly denies ever having found a malicious chip.
The Bloomberg-article just seems to well-sourced to be that easily denied. Not sure what kind of communication would be acceptable for Amazon and their law enforcement partners they are (still, according to BB) working with.
- berberous 8y agoOn your first point, I think that's pretty common in M&A. For example, let's say the audit revealed that the target did not enforce minimum password lengths for employee accounts. Amazon could simply say that needs to be re-mediated before Amazon is willing to close -- so the target can just implement that change, and certify it was done and/or have the audit firm confirm it.