Snapchat Update Addresses Security Hole

Snapchat has released an update to address the security problems exposed recently by Gibson Security and subsequently (and quickly) exploited. From the article: "Snapchat also said researchers could email the firm at security@snapchat.com for any vulnerability discoveries. 'We want to make sure that security experts can get a hold of us when they discover new ways to abuse our service so that we can respond quickly to address those concerns. The best way to let us know about security vulnerabilities is by emailing us: security@snapchat.com,' Snapchat said."

Comments

Still one of the stupidest things of 2013.

[Anonymous Coward]

Turning down 3 billion. Just months before a giant security leak that makes gobs of people leave their service...

Could have all been sitting on a beach somewhere warm and toasty reading about someone elses giant security problem while counting their 3 billion and laughing with relief that they got out and got rich when they did...

Something tells me they won't be getting another offer in the billions.

Re:Still one of the stupidest things of 2013.

[cbhacking]

Don't be too sure of that. Purchasers routinely hire security experts to review the security of major acquisitions prior to the buy-out, with various stipulations in the agreement as to what types of findings will be the responsibility of which party. Such a review would likely have found the issue before it was announced publicly.

So few companies are smart enough to bring in security experts *before* they need them.

Re: Big lesson

[DarkOx]

You mean the business people who usually buy these "tech firms" for a billions and sell them a few years later for millions as is the usually pattern, those business people?