4 ms·
I wonder if any companies have considered publishing warrant canaries as part of their public securities filings (for example, inserting it into the risk factor
by smallnamespace 4y ago
I wonder if any companies have considered publishing warrant canaries as part of their public securities filings (for example, inserting it into the risk factors sections).
There is a fairly reasonable argument one could make for doing so:
- The company's value is tied to its reputation for securing its users' data
- An NSL or similar would risk their users' security and the company's reputation
- This will affect the value of the enterprise and therefore the existence of an NSL ought to be disclosed to investors
However at the meta-level, this would be a substantial escalation since an order to continue publishing a canary is no longer just compelled lying, but compelled securities fraud, effectively pitting one branch of government (the national security apparatus) with another (the SEC).
- LanternLight83 4y agoThanks for sharing, I think this is a fascinating idea!
- brookst 4y agoToo clever. As a logical solution to a set of mathematical constraints, yes. As a real world strategy, no.
- deleted 4y ago[deleted]