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This is still baffling. To have that many records leak, and try to play a hush-hush strategy AND pay the hackers makes no sense at all, especially from a former
by waihtis 6y ago
This is still baffling. To have that many records leak, and try to play a hush-hush strategy AND pay the hackers makes no sense at all, especially from a former federal prosecutor standpoint.
There’s more to this story that is being told to the public.
- stefan_ 6y agoThere was an ongoing FTC investigation into a S3 data breach from 2014. At around the same time they were trying to argue how very sophisticated their security practices now were after hiring Joe, this 2016 breach occurred, again from unprotected S3 data. Disclosing it would have obviously doomed the efforts to end the FTC investigation (escalated it in fact) and of course put his ongoing tenure as CSO in jeopardy. So, no, this is just run of the mill executive cover-up. The only reason there is a federal charge here is because he lied to the FTC to make it happen.
- waihtis 6y agoI just find it difficult to see why the CSO would take such a big personal liability onto himself, but I guess we’ve seen some funky actions around the big startups elsewhere..