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| Science & Technology |
| Equifax and Our Broken Computer Industry |
| 2017-10-04 |
| [GeopoliticalFutures] While this is somewhat self-serving coming from the former head of Stratfor when it was hacked, there's also some validity to this. Especially as the IoT becomes more prevalent. |
| Posted by:charger |
| #12 Re: les autres... Need to be encouraged to do what, exactly? Take better care of our data? Is that even possible? And what about leaks from the IRS and GSA. Will they be encouraged? The issue is actually reminiscent of the key escrow debate back in the 90's. Government and law enforcement wanted back doors in everything -- because we could trust them to only use it when appropriate, and not to lose it or leak it. Well, it's the same answer now as then. No, we can't. Ever. These are human systems designed and run by humans, and as such they ***will*** fail. Everything must proceed from that simple truth. |
| Posted by: Iblis 2017-10-04 18:49 |
| #11 They could at least do a large share dilution |
| Posted by: Bright Pebbles 2017-10-04 15:12 |
| #10 Recent encouragement for les autres?: Privately-held company fined a record $95 million for years of violation of laws re: hiring illegals |
| Posted by: Anguper Hupomosing9418 2017-10-04 14:24 |
| #9 Killing Equifax doesn't solve anything, and in any event you are ultimately punishing the shareholders, and they did nothing wrong. There is a social / political aspect to "killing Equifax" that you ignore. les autres need to be encouraged to clean up their acts & make it a point not to damage the rest of us. Those precious "shareholders" whose moral standing and inherent value is so far above and beyond that of the rest of us, did after all chose to invest in an operation that damaged the rest of us. To hell with them and their "shares" of incompetency and culpability, they should have invested more wisely. |
| Posted by: Anguper Hupomosing9418 2017-10-04 13:49 |
| #8 I remember clearly a lecture by Adm. Grace Hopper. One of the key lines - automation and the Privacy Act are mutually exclusive. |
| Posted by: Procopius2k 2017-10-04 12:19 |
| #7 Killing Equifax doesn't solve anything, and in any event you are ultimately punishing the shareholders, and they did nothing wrong. The Equifax leak is one of many, both past and future. It probably can't be secured using current technology. So we have to make a choice, either no one has it, or everyone does. |
| Posted by: Iblis 2017-10-04 12:10 |
| #6 Big corporations must certainly have the resources to devote to IT security and they are clearly responsible for their failures. For small to medium companies, IT security can become a huge burden. |
| Posted by: Abu Uluque 2017-10-04 11:02 |
| #5 If people can be executed for crimes, why not corporations? If they screw up badly enough or often enough the market, their customers, will put them out of business. |
| Posted by: Abu Uluque 2017-10-04 10:52 |
| #4 Why private companies? The lack of accountability works just as well in our government departments. |
| Posted by: Procopius2k 2017-10-04 07:15 |
| #3 #2 If people can be executed for crimes, why not corporations? Posted by: Anguper Hupomosing9418 Jobs, mostly. Putting all them people out of work is a bad thing. What is really needed is a serious change in laws, corporations are not people, principals are held accountable for corporation actions and behaviors, regardless if those principals are involved or not. Make sure that the principals are actually the people in charge, and not figureheads to shield the people in charge. |
| Posted by: Seeking cure for ignorance 2017-10-04 06:07 |
| #2 If people can be executed for crimes, why not corporations? |
| Posted by: Anguper Hupomosing9418 2017-10-04 01:21 |
| #1 To Georgie Friedman: If it can be built by man, it can be defeated by man. |
| Posted by: Clem 2017-10-04 00:59 |