Thread regarding Fossil Inc. layoffs

Corporate Espionage on a Silver Platter

As an IT security professional I'd like to bring up another urgent point. In addition to selling out American jobs there's something no one has mentioned yet: when American companies offshore their IT staff (especially on a large scale) they have to hand over the keys to the castle. Non-U.S. citizens now have domain admin rights––"God rights." They have the encryption keys, passwords, access to point-of-sale systems, access to every single file on any machine anywhere in the network. They have access to the financial system of record, shareholder information, corporate strategy information, HR information, ALL. OF. IT. That's the thing that the Suits either don't consider or don't care about. It's bad enough that certain countries mount a relentless barrage of attacks on American companies to steal secrets, industrial design, financial strategies, and to generally get an edge on us, but, hey, we'll do you one better! We'll pay you to to manage our infrastructure. We'll even train you, and then give some of you unrestricted access to our most closely guarded information. It's easy pickings, folks. It's just too tempting to siphon off information that will benefit one's home country...especially if that country is at a global financial disadvantage, or . Well, Mr. CEO, Mr. CIO and the rest of you in the upper echelons...how do you feel about that? Moreover, did you inform your shareholders that all this comes with it? I bet you didn't. After all one egghead "computer guy" is just as good as another, right? I mean, we also have a contract. They HAVE to follow that and play nice, right?

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| 711 views | | 4 replies (last June 9, 2015) | Reply
Post ID: @OP+BF5mcmp

4 replies (most recent on top)

Yes they are effectively selling themselves down the river, but in the mean time drowning many of us in the process. Too bad no one on the upper floors didn't apparently research the other companies that have tried this and I emphasize "TRIED" many of them Fortune 100. Within 2-3 years most of them have started looking at taking back control of their systems. Maybe a few more need to get burned severely before Upper Mgmt starts to look at what the "Genius CIO's" preach as being the way to go. Seen it numerous times, have been involved in several "return it to home" projects.

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Post ID: @fRC3+BF5mcmp

Good post

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Post ID: @3gNX+BF5mcmp

Zing!

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Post ID: @2KaY+BF5mcmp

Well, Fossil would have to have some original ideas for that to happen.

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Post ID: @1mDA+BF5mcmp

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