At the beginning of this month Twitter had, reportedly, about 7,500 employees and 5,500 contractors. In an effort to stem the cash flow bleeding, Elon Musk fired about half of the employees and all or most all of the contractors. That means an organization that previously had around 13,000 people was instantly reduced to about […]
Continue reading → [DISPLAY_ACURAX_ICONS]This is actually not a unique story; it happens from time to time. Luckily, it doesn’t happen that often, but when it does, OH BOY! Casey Umetso, age 40, was a network administrator for a “prominent Hawaii-based financial services company”, the name of which, for some reason, the DoJ is trying to shield. After being […]
Continue reading → [DISPLAY_ACURAX_ICONS]This is an interesting story of how law enforcement, completely legally, can obtain data that you thought you deleted. Well, you did delete it, but deleted does not really mean deleted. Earlier this year the FBI was trying to solve a string of seven bank robberies in five states. One of the tools that they […]
Continue reading → [DISPLAY_ACURAX_ICONS]Sungard Files for Chapter 11 Bankruptcy Protection – Again Sungard, the king of disaster recovery and business continuity needs to figure out a new business. They previously filed for Chapter 11 in 2019 and shed $800 million in debt, but they have a fundamental problem. As businesses move from private data centers to the cloud […]
Continue reading → [DISPLAY_ACURAX_ICONS]How Many Times Do I Need to Say – Crypto is Software, Software Has Bugs, Your Money is at Risk Decentralized Finance platform (DeFi) Revest Finance said that it lost $2 million due to a software bug and, oh yeah, (a) the can’t recover the funds, (b) they do not have the money to cover […]
Continue reading → [DISPLAY_ACURAX_ICONS]As I said last week, while the bombing is a horrible event, it does point out how brittle our telecommunications world is. That being said, for most companies, the rest of the IT infrastructure is probably more brittle. Companies should use this as an opportunity to review their situation and see if they can make […]
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