2 ms·
> I think the think more companies are worried about is the reputational damage from the terrible press. I don't think companies care all that much about repu
by autoexec 7mo ago
> I think the think more companies are worried about is the reputational damage from the terrible press.
I don't think companies care all that much about reputational damage from the terrible press. Some of the most profitable wealthy corporations on the planet are also the most hated. We have profitable corporations that have committed serial killings, infanticide, and mass poisonings. There's press about companies whose products and profits come from the use of literal child slaves. There is "terrible press" out there right now explaining how you are currently being hurt by companies who put profit over human life, but they aren't going out of business because of it.
Do you know how many companies have had bad press about data breeches and security issues, but are still around and making money? I'm pretty sure it's all of them. Including solarwinds.
Companies don't care if you like them or not. They care only about money. Until the cost of not securing people's data is likely to be higher than what they'll save ignoring security risks corporations aren't going to bother to give us anything but security theater, promises, and the occasional check for $10 and a year of "identify protection services" after another pointless class action lawsuit.
- Terr_ 7mo ago> Companies don't care if you like them or not. They care only about money. To put a slightly finer point on it, many only care about whether investors think their stock price will go up, either by acquiring money despite being hated or else because other investors [0] are going to invest. [0] https://en.wikipedia.org/wiki/Greater_fool_theory https://en.wikipedia.org/wiki/Greater_fool_theory