Hacker News new | ask | show | jobs
by Nextgrid 975 days ago
If Equifax is anything to go buy, the stock price will recover just fine.

In fact, until we get actual liability for breaches like that, an investing strategy based on "buying the dip" every time a company gets breached would be probably be quite successful.

1 comments

Isn't Equifax part of a de facto monopoly? Okta doesn't have that luxury. Security is also not Equifax's core competency, but it is supposed to be Okta's. I would be happy for you to be right, but I think this happening a second time to Okta is going to cause massive damage to their reputation in the industry.