Reply to post: Re: Either way, this is an indictment of Ubiquiti

Ubiquiti dev charged with knocking $4bn off firm's value after insider threat spree

Throatwarbler Mangrove Silver badge
Meh

Re: Either way, this is an indictment of Ubiquiti

Technically, no significant damage was done. Data was exfiltrated . . . to an employee's computer. The real damage done was by the claim to the press that there was a more significant data breach than actually occurred, which shows how vulnerable companies are to the mere appearance of data loss. It sounds like Ubiquiti tried to do the right thing, ethically speaking, and were punished by the market as a result.

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