What's ITG?
Investment Technology group
I was in a meeting that went on a tangent about the hack. We were getting some great speculation before one guy just shut it down: "just wait until they do a deep dive and figure out what really happened". It was a buzzkill, but he was right. Also, whenever something small happened (like someone couldn't project): "man, I guess that got hacked, too".
If you're interested, the official criminal complaint goes into pretty good detail.
If you work with AWS regularly this will give you a pretty good idea of what happened: https://games-cdn.washingtonpost.com/notes/prod/default/documents/a18a91ed-6c49-493e-9713-301a91cb2e66/note/59528f15-201e-49d4-bf33-539c8cd39491.pdf#page=1
Oh. Right. And there was a Change Order freeze across the company today. It totally messed up a deployment I was targeting.
Any other freezes or weird stuff? We were in some negotiations with cap one which completely died.
If I could personify any tech company and make love it, it would be Capital One.
Di...did you say TECH COMPANY?!
It’s true, you really are a tech company now!
And we are trying to sell identity sevices as a tech company rofl.
This is a good point. We'll still get plenty of main street card applications but a security essential B2B service probably has substantial reputational risk from this.
Yeah this is a big hit on that product vertical. And the breach was in Card, not Shared Tech... Whatcha gonna do...
I work with our frontline contact center agents and it’s been a bit rough as far as call volume. They are getting a lot of calls looking for more info than what was released and as you can imagine, they have none to give.
capitalone stock looks good today, going up :))
My stock has lost a bunch of value. Edit: mostly rebounded already though. Up a couple bucks each of the last 2 days
The average American doesn’t really care about data breaches now, only the news. Multiple times a year, millions of Americans data are stolen, and those Americans see zero consequences. It’s been normalized.
No one at work (AWS) even mentioned it today. We're not directly related to S3 though.
We talked about it for a bit but that's it