Told You So: Cloud

by Karl Denninger
Market-Ticker.org

Gee, what did I point out years ago?

WASHINGTON/LONDON/SAN FRANCISCO (Reuters) – Hackers working on behalf of China’s Ministry of State Security breached the networks of Hewlett Packard Enterprise Co and IBM, then used the access to hack into their clients’ computers, according to five sources familiar with the attacks.

This is why the so-called “cloud” model is a crock when it comes to security.

You are trusting your data to people who you cannot screen, you did not hire, you cannot fire, and you have zero ability to even know if the provider is being straight with you.

In this case the allegation is that they weren’t.

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