Whistleblower: Ubiquiti Breach “Catastrophic”

jack_christie

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On Jan. 11, Ubiquiti Inc. [NYSE:UI] — a major vendor of cloud-enabled Internet of Things (IoT) devices such as routers, network video recorders and security cameras — disclosed that a breach involving a third-party cloud provider had exposed customer account credentials. Now a source who participated in the response to that breach alleges Ubiquiti massively downplayed a “catastrophic” incident to minimize the hit to its stock price, and that the third-party cloud provider claim was a fabrication.
 

Perc

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Between this and the catastrophically bad AmpliFi Alien I bought and returned, i’m becoming less and less interested in this company all the time.
 
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