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0 pointsmschuster912y ago0 comments

> Look at the 1-year stock chart of Okta and, without looking up the actual date, tell me when the breach happened/was disclosed.

The problem with this is that while security minded people know what Okta is and why to stay the fuck away from handing over your crown jewels to a SaaS company is warranted, C-level execs don't care. They only care about their golf course or backroom deal friends and about releasing PR statements full of buzzwords like "zero trust", "AI based monitoring" and whatever.

The stock markets don't care either, they only look at the financial data, and as long as there still are enough gullible fools signing up, they don't care and stonk goes up.

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cqqxo4zV46cp2y ago

Yes, that’s literally the point being made. The point is that it isn’t a company-ending event. You are going on an unrelated rant about how those darn dumb executives aren’t as smart as God’s gift to earth, engineers.

mschuster91OP2y ago

The thing is, some events should be company ending. Something like Okta shouldn't even exist in a halfway competent world in the first place - given how many Fortune 500 companies, even governments use it, it's just a too fucking juicy target for nation states both friendly and hostile.

Instead, even the "self correcting" mechanisms of the "free market" obviously didn't work out, as the free market doesn't value technical merit, it only values financial bullshittery.

And the end result will be that once the war with China or Russia inevitably breaks out, virtually all major Western companies and governments will be out cold for weeks once Okta and Azure's AD go down, because that is where any adversary will hit first to deal immense damage.

j / k navigate · click thread line to collapse

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cqqxo4zV46cp2y ago

mschuster91OP2y ago

Instead, even the "self correcting" mechanisms of the "free market" obviously didn't work out, as the free market doesn't value technical merit, it only values financial bullshittery.

j / k navigate · click thread line to collapse