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by jiggawatts 344 days ago
Microsoft, Google, or Amazon don't t care about your fintech code. Other fintechs do.

The threat isn't your cloud provider stealing your code, it's your own staff walking out the door with it and either starting their own firm or giving it to a competitor in exchange for a "job" at 2x their previous salary.

I've seen very high security fintech setups first-hand and I've got friends in the industry, including a friend that simply memorised the core algorithms, walked out, rewrote it from scratch in a few years and is making bank right now.

PS: The TV show Severance is the wet dream of many fintech managers.