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Akamai to Acquire Linode

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Re: Akamai to Acquire Linode

#221

Post by Beltalowda »

chaxor wrote: post #209
Beltalowda wrote: post #134

Earlier quoted context omitted.

> I think in 2012 the tech community's sentiment was actually that Bitcoin was really cool and definitely useful I don't think there was ever really a consensus on this. Lots of people (myself included, but also quite a few friends) always thought Bitcoin was just kinda useless. It's just that in 2012 there were comparatively low stakes (i.e. no massive energy use, not yet massive amounts of people pouring money in i…

I find this exceedingly hard to believe. Around 2009-2010, btc was definitely not an "asset" (like the bafoons try to treat it now). It * was a currency* . Many still believe in the idea that (certain, less well know) crypto can be used as a real currency, but unfortunately the public severely tainted it with ideas of 'being an asset'. This comment reads as someone who is more aligned with the public's (HN) perceptio…

Okay, sure, but I don't see how this relates to the fact there was never consensus or broad agreement on Bitcoin in the tech community in general?

Re: Akamai to Acquire Linode

#222

Post by lbotos »

chaxor wrote: post #192
lbotos wrote: post #101

Earlier quoted context omitted.

Look, we are random internet people, and it's a "me vs. you" scenario, but as someone who worked at Linode in 2012, we were a small company, that all worked out of one office, with like 3 admins at the time. Yes, there were various hacks. Yes, there were silly vulns, but positing that one of the employees at that time stole bitcoin is something that I won't stand for. Could it have happened, sure. Do I think that it…

"I think money is insanely dumb, and I suspect most of us do ... So it's ok if someone steals money." I think I get your sentiment(?), but I'm uncertain of whether or not it matters how individuals value 'success' or 'currency' when it comes to personal property. To extend to the logical consequences, I am not sure if people on HN would agree that personal property should be non-existent.

No, sorry that I was unclear. My point was that it's my belief that those of us employed at that time did not see value in bitcoin, so we had no motivation to steal bitcoin that would be a small fraction of what we were getting paid.

Now if $some_duder_was_really_into_bitcoin was also on the staff at the time, then sure, maybe they would risk their job to steal some bitcoin because they thought it was cool to do hax0r things with cyberpunk money. I'm not aware of that person existing.

Re: Akamai to Acquire Linode

#223

Post by Hermitian909 »

mattbaker wrote: post #210
tempnow987 wrote: post #202

Earlier quoted context omitted.

I can't edit my comment. As I noted elsewhere, there's an opportunity to do the right thing when someone comes to you and says look, someone is coming in on the control plane and resetting my server passwords. And yes, that includes looking at your staff especially when bitcoin is in the mix as its less traceable to a person. For some reason, for year after year, there was this pattern. No problem, we have good secur…

I’m really struggling to see how “the company’s response to security breaches was inappropriate” logically leads to “staff might be stealing Bitcoin.” It’s a baseless and unfair attack and I think you should consider deleting your original comment.

When you're in Linode's position, running people's private and infrastructure, you have a very finite amount of grace. Individual employees at linode had an incentive to violate the company's security. When security violations happened that could plausibly have come from employees following their incentives the company consistently failed to assure customers it was making sure the security issues were being addressed. In my opinion this at least shows a wild disregard the well-being of customers and I think it's pretty normal to treat that kind of wild-disregard as malicious (even though it may not be).

Re: Akamai to Acquire Linode

#224

Post by conductr »

duped wrote: post #82
ForHackernews wrote: post #71

Earlier quoted context omitted.

Ah yes, the terrible failure of checks notes $116.46 billion market cap. https://companiesmarketcap.com/ibm/marketcap/

Down 35% over the past ten years, which is terrible

Sounds like the market is terrible at pricing

Re: Akamai to Acquire Linode

#225

Post by Sebb767 »

nsajko wrote: post #217
lucb1e wrote: post #122

Earlier quoted context omitted.

I think in 2012 the tech community's sentiment was actually that Bitcoin was really cool and definitely useful, since it was new and did things in a practical application that we hadn't seen before. It's interesting that hindsight clouds that, it has been viewed negatively for years now but it's not that old yet. (Either way, your main point stands of course.)

I recently learned that proof of work was actually invented long before Bitcoin to combat spam, but the idea didn't take off, sadly: https://en.wikipedia.org/wiki/Proof_of_work https://en.wikipedia.org/wiki/Hashcash https://scottpeterjohnson.github.io/hashwall/dist/index.html

Our luckily, given the way it worked out with crypto.

Re: Akamai to Acquire Linode

#226

Post by hnxs »

lucb1e wrote: post #122
lbotos wrote: post #101

Earlier quoted context omitted.

Look, we are random internet people, and it's a "me vs. you" scenario, but as someone who worked at Linode in 2012, we were a small company, that all worked out of one office, with like 3 admins at the time. Yes, there were various hacks. Yes, there were silly vulns, but positing that one of the employees at that time stole bitcoin is something that I won't stand for. Could it have happened, sure. Do I think that it…

I think in 2012 the tech community's sentiment was actually that Bitcoin was really cool and definitely useful, since it was new and did things in a practical application that we hadn't seen before. It's interesting that hindsight clouds that, it has been viewed negatively for years now but it's not that old yet. (Either way, your main point stands of course.)

nope, I remember starting my first tech job in 2013, and the only people in tech who cared about it were libertarians, which was a very small subgroup of tech

Re: Akamai to Acquire Linode

#227

Post by [deleted] »

chairmanwow1 wrote: post #44
dsl wrote: post #17

I think this is Akamai figuring out they need to address the self-serve market. Akamai has 6x the edge network footprint of Cloudflare and has all the cool trendy stuff like edge workers, they just suck at selling to the developer.

They explicitly choose not to sell to the developer. They want big fish customers. This is why I can’t find pricing on their homepage.

[deleted]

Re: Akamai to Acquire Linode

#228

Post by jdub »

lucb1e wrote: post #122
lbotos wrote: post #101

Earlier quoted context omitted.

Look, we are random internet people, and it's a "me vs. you" scenario, but as someone who worked at Linode in 2012, we were a small company, that all worked out of one office, with like 3 admins at the time. Yes, there were various hacks. Yes, there were silly vulns, but positing that one of the employees at that time stole bitcoin is something that I won't stand for. Could it have happened, sure. Do I think that it…

I think in 2012 the tech community's sentiment was actually that Bitcoin was really cool and definitely useful, since it was new and did things in a practical application that we hadn't seen before. It's interesting that hindsight clouds that, it has been viewed negatively for years now but it's not that old yet. (Either way, your main point stands of course.)

There were plenty of us who knew – and said – that "cryptocurrency" was borne of technical, political, economic, societal ignorance when it started. Now it's just more obviously terrible.

Re: Akamai to Acquire Linode

#229

Post by TheSwordsman »

tempnow987 wrote: post #203
nativeit wrote: post #201

Earlier quoted context omitted.

Linode reported it the same day: Manager Security Incident Ensuring the security of our platform is our top priority. We maintain a strong security policy and aim to communicate openly should it ever be compromised. Thus, we are posting to describe a recent incident affecting the Linode Manager. Here are the facts: This morning, an intruder accessed a web-based Linode customer service portal. Suspicious events prompt…

Take a look at this link re: pagerduty and how linode handled things there. https://news.ycombinator.com/item?id=10845985 Doesn't it seem kind of crazy that folks get full root control plane on linode so frequently?

Hi. This is my comment you keep linking to. Your understanding of what happened is flawed. I do not have signs that Linode was rooted in that compromise. The signals I do have is that they had their database compromised, and likely secret key material. That allowed attackers to crack the hashes offline, and then authenticate using MFA.

IMO, it's plain wrong to categorize that one as "getting full root control plane", where it was instead the compromising of individual accounts that may have had no access to the resources on an account.

Re: Akamai to Acquire Linode

#230

Post by lallysingh »

bigiain wrote: post #204
rhizome wrote: post #105

Earlier quoted context omitted.

Target should have had difficulty surviving as a company as a result of penalties-if-not-prison for their 2013 breach, but we see what happened there.

Should that same existential penalty be applied to every company who had Log4J running in prod a few months back? That was a much more widespread root compromise...

Vulnerability != Compromise
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