CSO is a responsible position. She can't just pass the buck. It was her job to take it to the board and resign over not being allowed to do her job (assuming that's her story).
Three letter people don't get fired. She'll 'take time off to spend with her family' shortly. Likely followed by the COO and CEO.
If the company survives this, they will certainly need to replace the entire security team. Find the ones that quit in disgust and hire them back.
But it's ultimately on her, the CTO, COO, CEO and board. They are fully responsible for the team in place, it's budget and the priorities they operated under.
When your servers aren't getting patched, it goes to the top. That's just basic.
Having been around, I bet patching Struts (and all the rest of the server software) was nobody's 'job', a low priority sideshow for some poor bastard who had to test* the patches on the development servers.
* also: no formal testing procedure, just install it and see if anything breaks. Which makes for bad confidence.
There are plenty of CS and Engineering people that wouldn't have known any better.
But there are also some that would have. Music education had no chance of teaching her what she needed to know. She was almost setup to be a perfect victim of some security company's 'magic bullet marketing'.
The practicals of security are tough and not taught in school. But 'three letter' executives aren't expected to be in the trenches, they are expected to set policy. For example: 'All patches should be tested and deployed with highest priority' would have prevented this breach. Bet she cut the budget, and got a bonus for it.
'Prob and stats' pre calc is just a memorize and regurgitate course. It's impossible to understand where the formulas come from without calc, so the students can only memorize and plug and chug.
I took both the pre and post calc stats courses. First was easy, but not satisfying of need to understand.
China is still in a multi market (real estate, stocks) bubble. To fix the Shanghai stock exchange (average PE ratio was as high as 100) the Chinese government declared that companies must declare higher earnings. Not pay dividends, just declare earnings. Do you trust Chinese accounting? After the order, exchange wide average PE went from 100 to about 20 in a year (with less than a halving of prices), do you believe it? Want to buy a bridge?
Escaping that bubble is what the Chinese authorities are trying to prevent. Can't have regular Chinese moving their funds overseas like the sons and daughters of central committee members.
Bitcoin isn't really 'for holding', it's for moving the funds out of bubble zones with capital controls, like China. Which is causing a real estate bubble on the US west coast as the Chinese buy property for cash (with only $50k being officially allowed out, how?).
You think China is closing them down because they had nothing to do with widespread evasion of capital controls? You think China will succeed?
Bitcoin isn't for clearing normal payments, it's for freedom. If a few (bucks get laundered/taxes evaded) as a consequence, I'm fine with that. Anything that 'starves the beast' is good.
The worse the product they sell, the higher the commish as a % of gross.
I don't know of any industry that pays commish anywhere near what the boneyards pay plot salesmen. About 25% of gross for plots, up to about 60% for the truly stupid shit like mausoleums and bronze caskets.
The successful plot peddlers make seven figures, selling at 'retail'. Most goto 3 or 4 church services every sunday, that's where the chumps congregate.
CSO is a responsible position. She can't just pass the buck. It was her job to take it to the board and resign over not being allowed to do her job (assuming that's her story).
Three letter people don't get fired. She'll 'take time off to spend with her family' shortly. Likely followed by the COO and CEO.
Could be useless feedback, could be broken hiring process. Not enough information.
Devs don't patch live systems at a company that size. Devs shouldn't touch live systems at a company that size.
If the company survives this, they will certainly need to replace the entire security team. Find the ones that quit in disgust and hire them back.
But it's ultimately on her, the CTO, COO, CEO and board. They are fully responsible for the team in place, it's budget and the priorities they operated under.
When your servers aren't getting patched, it goes to the top. That's just basic.
Having been around, I bet patching Struts (and all the rest of the server software) was nobody's 'job', a low priority sideshow for some poor bastard who had to test* the patches on the development servers.
* also: no formal testing procedure, just install it and see if anything breaks. Which makes for bad confidence.
Next target hackers! We now know the former CSO wasn't the sharpest tool in the box. Rot is almost certainly there too.
There are plenty of CS and Engineering people that wouldn't have known any better.
But there are also some that would have. Music education had no chance of teaching her what she needed to know. She was almost setup to be a perfect victim of some security company's 'magic bullet marketing'.
The practicals of security are tough and not taught in school. But 'three letter' executives aren't expected to be in the trenches, they are expected to set policy. For example: 'All patches should be tested and deployed with highest priority' would have prevented this breach. Bet she cut the budget, and got a bonus for it.
Quaint.
How quickly you forget.
Why are they in the news again? Incompetent administration, unpatched systems, no emphasis on security?
Her results are on the record.
You can spend almost the same money on an android phone. Granting they will have extra bells and whistles like a thermal camera or a 1000fps camera.
Bullets are the part that come out the barrel.
You're thinking of shells.
The really tricky part are the primers. Bullets are easy to cast, as long as you're willing to use solid lead and limit velocities.
I already answered his lie above. The yearly average PE ratio peaked at just under 70, what do you think the instantaneous average PE ratio peaked at?
Funny how the declared earnings jumped right after being 'ordered up'.
Could the PE ratio have been higher than 70 during the _year_ it averaged 70?
Your source is lying with statistics.
Nobody ever fapped to ASCII/8 bit porn back when computers were used for 'creative' purposes. /sarc
'Prob and stats' pre calc is just a memorize and regurgitate course. It's impossible to understand where the formulas come from without calc, so the students can only memorize and plug and chug.
I took both the pre and post calc stats courses. First was easy, but not satisfying of need to understand.
Why do you think China is closing the exchanges? Open your eyes.
China is still in a multi market (real estate, stocks) bubble. To fix the Shanghai stock exchange (average PE ratio was as high as 100) the Chinese government declared that companies must declare higher earnings. Not pay dividends, just declare earnings. Do you trust Chinese accounting? After the order, exchange wide average PE went from 100 to about 20 in a year (with less than a halving of prices), do you believe it? Want to buy a bridge?
Escaping that bubble is what the Chinese authorities are trying to prevent. Can't have regular Chinese moving their funds overseas like the sons and daughters of central committee members.
Bitcoin isn't really 'for holding', it's for moving the funds out of bubble zones with capital controls, like China. Which is causing a real estate bubble on the US west coast as the Chinese buy property for cash (with only $50k being officially allowed out, how?).
Reading comprehension fail.
Back when only 1% of the population was literate, pens/quills were used for proper 'creative purposes'.
Once reading and writing became widespread it was just used to 'encourage passivity rather than creativity.'
You think China is closing them down because they had nothing to do with widespread evasion of capital controls? You think China will succeed?
Bitcoin isn't for clearing normal payments, it's for freedom. If a few (bucks get laundered/taxes evaded) as a consequence, I'm fine with that. Anything that 'starves the beast' is good.
Keep telling yourself that. Name one economist that's consistently right?
Prohibition. And yes absolutely, the woman suffragists _were_ largely the same group as the temperance societies.
Worse, they did it while the young men were away fighting WWI and couldn't practically vote. Talk about a kick in the teeth when you got back.
It's implied right in the name: 'Slurpee Indians' (vs. Casino Indians).
Marxism is more specific than 'Socialist'. If 'The means of production' are in private hands, it's not Marxist.
The scandinavian countries are, generally speaking 'capitalist welfare states'.
Buying at random or buying the garbage the salespeople are incentivized to move?
Neither gets you what you need.
If you need advice, find someone you can trust.
The worse the product they sell, the higher the commish as a % of gross.
I don't know of any industry that pays commish anywhere near what the boneyards pay plot salesmen. About 25% of gross for plots, up to about 60% for the truly stupid shit like mausoleums and bronze caskets.
The successful plot peddlers make seven figures, selling at 'retail'. Most goto 3 or 4 church services every sunday, that's where the chumps congregate.