4 ms·
The never ending cost of low quality outsourced digital transformation. Pathetic how many large corps have been hit. And tax payer has to foot the ever growing
by kh49 3y ago
The never ending cost of low quality outsourced digital transformation. Pathetic how many large corps have been hit. And tax payer has to foot the ever growing bill to investigate and defend these useless orgs.
- hnthrowaway0315 3y agoBasically every large, traditional business is relying on some offshore gig for certain key technical responsibilities. They probably don't consider it the real key as they are cost centers, but hey ransomewares are reminding them. It's not even just offshore. Some onshore consultancies are really of agasp quality.
- pid-1 3y agoIs there any case of a company suffering significant financial backlash due ransomware attacks? My current impression is: consumers don't care, regulators don't care... so why should CEOs care?
- hnthrowaway0315 3y agoYeah you have a good point.
- rileyphone 3y agoCustomers care if your business is in security, especially b2b. Though the biggest downstream effects are probably from security tightening making it more difficult to get anything done. Source: my company was hit a couple months ago
- dimitrios1 3y agoI don't think in the case of airlines we have the option to care. We are just kind of stuck with whatever the government-backed airline oligarchy chooses to do. The airlines would be the ones to have to care for it to matter. When the 737-MAX crashes occurred many frequent travelers, including myself, flat out refused to fly 737-MAX even after we were given assurances by the regulatory bodies. But after a while it just didn't matter. Life goes on, your company will book you on the plane that's the cheapest or part of their plan or whatnot, and you just get stuck being a cog in the wheel again.
- punkybr3wster 3y agoThe MGM ransomware supposedly cost them $100mil
- whatever1 3y agoIs it a tax write off ?
- newswasboring 3y agoThis attack originated from an acquired company by Boeing. No outsourced party seems to be involved. Am I missing something in the article?
- CatWChainsaw 3y ago"digital transformation" was such a hot buzzword too, and yet the biggest market players don't want to spend enough to ensure it goes well, apparently.
- stillwithit 3y ago> And tax payer has to foot the ever growing bill… You might be put at ease to read all that debt is a hallucination humanity has no obligation to pay. Also after decades in IT hearing about one lapse in security after another (including entire iron mountain trucks being robbed back in the day) yet society seems capable of shrugging them off, it’s hard to take the anxiety seriously. It’s possible the CEOs are not the only people in IT inflating the value of their contributions and ideas.
- barbazoo 3y agoAre there any signs to suggest that this was being made possible by "low quality outsourced" work?