Funny how companies always seem to wait until the shit hits the fan before they take action, subscribing to the “It ain’t a crime if nobody knows” school of thought.
LINE stops data flowing to China after Japanese officials ditch app over privacy concerns
Messaging app LINE has removed Chinese affiliate’s access to personal data, after infosec concerns led Japanese government officials to stop using the app. Information stored in South Korea will also be rehomed to Japan by September. LINE CEO Takeshi Idezawa announced the change in a news conference yesterday and in a …
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Wednesday 24th March 2021 11:23 GMT Doctor Syntax
We've seen decades of start-up activity which has increasingly built a tradition of needing nothing more than a basic idea and maybe the ability to put a proof of concept together because everything else can be out-sourced. The out-sourcing has become the norm so that its inherent risks are ignored. If you're only thinking beyond the basic idea the only way to learn about the rest is going to be the hard way.
Eventually there'll be enough business failures to get the lessons taught in business schools and the MBAs in the VCs might start looking more carefully at these aspects of the start-ups they're asked to support. Until then it's the blind leading the blind and even afterwards there'll be some new category of risks the business schools haven't caught up with yet.
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