Enterprise

A perfect storm of corporate idiocy

Comment

At this point in the game there should be a single page on every corporate website, preferably accessible from its front page, that includes the name and all contact details for the Chief Security Officer, including the last four digits of her social security number. It should be her responsibility to ensure that no one uses this information for nefarious purposes in addition to her daily operations. This honeypot should inspire the this CSO to go to great lengths to protect herself and her company’s data.

It’s only fair, right?

This person – who in Equifax’s case was named John Kelley III and earned nearly $3 million for releasing 143 million customer records (about 2 cents per record) – should also be the first to be fired during a breach. Further, this person should no longer work in “security” and instead be relegated where he can do less damage, perhaps in food service but not food preparation.

I doubt they’d be trustworthy enough to fry a hamburger.

I know it’s a little Hunger Games but I think that’s where we are in 2017. Corporate security is an afterthought.

I propose this for a simple reason: no one else on Equifax’s corporate leadership board works on security. There are plenty of folks dedicate to sales and revenue growth but only Kelley has “has responsibility for legal services, global sourcing, security and compliance, government and legislative relations and more.” He’s a lawyer.

Breaches are an affront to decades of innovation and research. Breaches are an affront to ethics, customer support, and trust. Breaches are an affront to shareholders and those who depended on Equifax for, arguably, a ridiculous service in these days of trust-less networks and powerful data mining tools.

Add in a clearly inept team at, we assume, Edelman, and you have a perfect storm of corporate idiocy. Look at this:

Yesterday I tried Equifax’s “security checker”/Wordpress instance yesterday, September 8. It said:

Apparently, however, you could type in Booger/123456 and get the same answer. Now, thanks to what we can assume was some interference by Equifax’s legal department, nobody is affected, not even Booger.

That’s right: it went from “Yeah, you’re definitely probably hacked” to “No, you’re probably not hacked” overnight. This tool should be burnt down.

In short, Equifax can’t protect your data, can’t build a website, and can’t get its story straight. And this is a publicly-traded company with a century of tradition and trust behind it.

Why am I so angry at this? Imagine John Kelley III had a box of family photos. He sent those family photos to a service for digitization. Those photos included tender moments, pictures loved ones dead and gone, and snaps joyous occasions. There’s ap picture there of him passing the bar, of getting married, of saying goodbye to his father. This photo digitization service did the job – poorly, to be clear, because we’re equating it to Equifax – and then threw the box of photos with full identifying information onto the street. John Kelley’s grandmother’s photo was used to create a fake ID. John Kelley’s birthday party pic was posted to Facebook and someone figured out his birthdate or some other piece of trivial information and opened a credit card in his name. Trolls found a picture of his car, deduced its location, and cut the brake lines. The list of offenses can go on ad nauseam.

Now imagine the same thing is happening to you. Almost monthly your family photos, your birth certificate, and your diary are being ransacked or nearly ransacked by criminals. Your valuables are being broadcast to those who would like to steal them. Imagine that the companies you trust with your health, wealth, and privacy are leaking your information almost daily and that the tools used to secure that data are infuriatingly easy to crack as possible. You’d be mad as hell and you wouldn’t take it anymore.

But you aren’t. And you do.

Until John Kelley III is held accountable, until everyone who leaks our data and uses weak tools and methods to secure our data is out of a job, we will not be safe. Sure, many of us have little to hide but it is our right to nonetheless hide what little we do have. Corporate security talks a big game but fails every time. That has to change.

More TechCrunch

With the release of iOS 18 later this year, Apple may again borrow ideas third-party apps. This time it’s Arc that could be among those affected.

Is Apple planning to ‘sherlock’ Arc?

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! This is the startup world’s main event, and it’s where you’ll find the knowledge, tools…

Meet Visa, Mercury, Artisan, Golub Capital and more at TC Disrupt 2024

Featured Article

The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

2 hours ago
The women in AI making a difference

U.S. Rep. Elissa Slotkin will introduce a bill to Congress that would limit or ban the introduction of connected vehicles built by Chinese companies if found to pose a threat…

Chinese EVs – and their connected tech – are the next target of US lawmakers

Ifeel is being offered as part of an employer’s or insurance provider’s healthcare coverage.

Mental health insurance platform ifeel raises a $20 million Series B

Instead of opening the user’s actual browser or a WebView, Custom Tabs let users remain in their app while browsing.

Google Chrome becomes a ‘picture-in-picture’ app

Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than drown…

Creator fintech Slingshot raises $2.2M

A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on…

Firefly forges on after co-founder murdered by Hamas

Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral. Like other code-generating models, Codestral is…

Mistral releases Codestral, its first generative AI model for code

Pinterest announced today that it is evolving its Creator Inclusion Fund to now be called the Pinterest Inclusion Fund. Pinterest teamed up with Shopify’s Build Black and Build Native programs…

Pinterest expands its Creator Fund to allow founders

Cadillac may seem a bit too traditional to hang its driving cap on EVs. And yet, that hasn’t stopped the GM brand from rolling out — or at least showing…

Cadillac’s new Optiq EV is designed to hook young hipsters

Alex Taub, a longtime founder with multiple exits under his belt, believes it’s time to disrupt the meme industry. “I have this big thesis that meme tech is going to…

This founder says meme tech is the next big thing

Lux, the startup behind popular pro photography app Halide and others, is venturing into video with its latest app launch. On Wednesday, the company announced Kino, a new video capture app…

Kino is a new iPhone app for videographers from the makers of Halide

DevOps startup Harness has shown itself to be an ambitious company, building a broad platform of services while also dabbling in M&A when it made sense to fill in functionality.…

Harness snags Split.io as it goes all in on feature flags and experiments

Microsoft’s Copilot, a generative AI-powered tool that can generate text as well as answer specific questions, is now available as an in-app chatbot on Telegram, the instant messaging app.  Currently…

Microsoft’s Copilot is now on Telegram

HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a catastrophic failure. After a series of mishaps…

MoviePass co-founders speak their truth in HBO’s new documentary 

The watch features a variety of different 3D games, unlocking more play time the more kids move.

Fitbit’s new kid smartwatch is a little Wiimote, a little Tamagotchi

In the video, a crowd is roaring at a packed summer music festival. As a beat starts playing over the speakers, the performer finally walks onstage: It’s the Joker. Clad…

Discord has become an unlikely center for the generative AI boom

After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace — it’s better to be…

Germany’s financial regulator ends anti-money laundering cap on N26 signups after $10M fine

Among other things, this includes the ability to trace code from source to binary packages across both platforms, single sign-on support and unified project structures.

JFrog and GitHub team up to closely integrate their source code and binary platforms

The company’s public fund disbursement and e-commerce platform makes accepting school tuition and enabling educational enrichment more accessible. 

Tech startup Odyssey goes on journey to help states implement school choice programs

A new startup called Kinnect aims to help people privately save generational memories, traditions, recipes and more. The company’s app, launched this month, lets people create invite-only spaces where they…

Kinnect’s new app aims to help families record and store generational memories

Spotify has hiked its premium subscription in France by an eye-watering €0.13, in response to a new music-streaming tax.

Spotify hikes subscription price in France by 1.2% to match new music-streaming tax

The European Union has taken the wraps off the structure of the new AI Office, the ecosystem-building and oversight body that’s being established under the bloc’s AI Act. The risk-based…

With the EU AI Act incoming this summer, the bloc lays out its plan for AI governance

Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million in new growth funding. Edison…

Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text

Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank…

Relay raises $32.2 million to help smaller businesses manage their cash flow

When other firms were investing and raising eye-popping sums, Clean Energy Ventures took a different approach. It appears to be paying off.

How Clean Energy Ventures avoided the pandemic bubble and raised a $305M fund

PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.

OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner

Tech enthusiasts and entrepreneurs, the clock is ticking! With just 72 hours remaining until the early-bird ticket deadline for TechCrunch Disrupt 2024, now is the time to secure your spot…

72 hours left of the Disrupt early-bird sale

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new…

Avendus, India’s top venture adviser, confirms it’s looking to raise a $350M fund