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1. Krebs corrected the story. Twice. You just have to open the original article to see it. 2. The "Ubiquiti sucks" mood started with Ubiquiti releasing shit pr

1. Krebs corrected the story. Twice. You just have to open the original article to see it. 2. The "Ubiquiti sucks" mood started with Ubiquiti releasing shit products with even shittier software that, quite incredibly, sometimes even degraded with updates.

BeefWellington 5y ago
Point 1 is correct insofar as he published an update to it in December.[1] He did not (and does not) make it clear that the employee who was arrested was his source.[2] In fact his anonymous source "Adam" is never referenced anywhere in his second article, outside of comments asking him about it. If you read his reporting on this now, it is still not clear that "Adam", his source, and the person committing the alleged offences are the same person. It may be he doesn't know but he certainly makes zero effort in either article to address the question. Ubiquiti's forced cloud BS is more than enough reason for people to move away from them -- they basically dropped out of consideration for my purposes after they did that. It can also be true that there was a drop in stock price when this incident was reported, and further drops after Krebs' coverage.[3] In fact he even discusses their share price at the tail end of his original article, even updating it on March 31 and acknowledging a roughly $50 drop following his reporting. I doubt Ubiquiti will win this court case but I do think Krebs damaged his own credibility here. [1]: https://krebsonsecurity.com/2021/03/whistleblower-ubiquiti-breach-catastrophic/ https://krebsonsecurity.com/2021/03/whistleblower-ubiquiti-b... [2]: https://krebsonsecurity.com/2021/12/ubiquiti-developer-charged-with-extortion-causing-2020-breach/ https://krebsonsecurity.com/2021/12/ubiquiti-developer-charg... [3]: https://markets.businessinsider.com/stocks/ui-stock?op=1 https://markets.businessinsider.com/stocks/ui-stock?op=1
- genmud 5y ago
  Has it 100% been confirmed that Adam == Sharp? There are certainly allegations that Sharp talked with the media, but on breaches like this there are typically multiple people working them with detailed knowledge. The timing is suspect, but with cases like this, you have to prove that someone did it out of malice. It also doesn't mention anywhere in the indictment who Sharp spoke with, so until it goes to trial... unless Krebs confirms that it was Sharp that contacted him, these are just assumptions/allegations and not something that have been proven one way or the other.

BeefWellington 5y ago

Point 1 is correct insofar as he published an update to it in December.[1] He did not (and does not) make it clear that the employee who was arrested was his source.[2] In fact his anonymous source "Adam" is never referenced anywhere in his second article, outside of comments asking him about it. If you read his reporting on this now, it is still not clear that "Adam", his source, and the person committing the alleged offences are the same person. It may be he doesn't know but he certainly makes zero effort in either article to address the question. Ubiquiti's forced cloud BS is more than enough reason for people to move away from them -- they basically dropped out of consideration for my purposes after they did that. It can also be true that there was a drop in stock price when this incident was reported, and further drops after Krebs' coverage.[3] In fact he even discusses their share price at the tail end of his original article, even updating it on March 31 and acknowledging a roughly $50 drop following his reporting. I doubt Ubiquiti will win this court case but I do think Krebs damaged his own credibility here. [1]: https://krebsonsecurity.com/2021/03/whistleblower-ubiquiti-breach-catastrophic/ https://krebsonsecurity.com/2021/03/whistleblower-ubiquiti-b... [2]: https://krebsonsecurity.com/2021/12/ubiquiti-developer-charged-with-extortion-causing-2020-breach/ https://krebsonsecurity.com/2021/12/ubiquiti-developer-charg... [3]: https://markets.businessinsider.com/stocks/ui-stock?op=1 https://markets.businessinsider.com/stocks/ui-stock?op=1

genmud 5y ago
Has it 100% been confirmed that Adam == Sharp? There are certainly allegations that Sharp talked with the media, but on breaches like this there are typically multiple people working them with detailed knowledge. The timing is suspect, but with cases like this, you have to prove that someone did it out of malice. It also doesn't mention anywhere in the indictment who Sharp spoke with, so until it goes to trial... unless Krebs confirms that it was Sharp that contacted him, these are just assumptions/allegations and not something that have been proven one way or the other.