so much for f5 being a security company
https://www.securityweek.com/f5-blames-nation-state-hackers-for-theft-of-source-code-and-vulnerability-data/
58 replies (most recent on top)
@OP f5 stock is currently 48 points down from tuesday. It's under 295.
likley will rebound but.......
@OP https://www.cisa.gov/news-events/directives/ed-26-01-mitigate-vulnerabilities-f5-devices
Former employee here. I remember when F5 was debt free and led by a CEO who truly cared about the people who worked there. Employees cared deeply about the company, took pride in their work, and looked out for one another. It felt like something meaningful was being built. Seeing what it has turned into now is honestly really sad and disappointing.
They off-shored the products that were effected to a country known for stealing source code and fully understood no security controls are enough over there. Some thefts have been done by simply taking phone pictures of their screen - even coordinating it among multiple employees checking out different parts of code, sure in their protection by foreign status.
But for previous employees like me who didn't have access to anything, and were subject to US jurisdiction they locked everything down to the point it made day to day work almost impossible. All for show.
@bh And it's going to get worse
Outsource to India, enjoy the consequences
Heck of a job, Frankie
@av it will be wordsmithed away. FLD is good at that
Any predictions on the longterm repercussions of this, if any?
The end for FLD
@OP This was easily preventable.
@af remember though that the overriding factor is that FLD wanted to reduce expenses by outsourcing to India to get the stock price up. Nevermind the damage done in the process. Nevermind the protocols that were igbored. He did achieved that. Oh - yeah - about the security - wordsmithing will take care of that.
On twitter:
@bridget_pall
How sophisticated do they need to be when their entire engineering staff works from home in India on Huawei networks? Should an unmanaged Vivo smartphone be involved in MFA?
@aa yet
at least no airline is shutdown!
@a5 yup - it would reduce our profit....
"there is no budget for this", uhhh?
they were warned