this post was submitted on 21 Jul 2024
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An underlying problem is that legal security is mostly security theatre. Legal security provides legal cover for entities without much actual security.
The point of legal security is not to protect privacy, users, etc., but to protect the liability of legal entities when the inevitable happens.
CrowdStrike perfectly met their needs by proving someone else to blame. I don't think anybody is facing any consequences for contracting with CrowdStrike. It's the same deal with Microsoft X 10000000. These bad incentives are the whole point of the system.
The crazy thing is CrowdStrike basically shutdown a ton of really important things and their stock only went down 17%. Like it was a huge blow to the economy for a couple days and somehow investors were like "meh, not that bad"
That's because they had a lot of people "buying the dip". CS is in a very similar position to SolarWinds during their 2020 security slipup. The extent of managerial issues there should've been unforgivable but unfortunately they got away with it and are doing just fine nowadays.