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Backblaze IPO

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Re: Backblaze IPO

#292

Earlier quoted context omitted.

Is there a reason there’s a short limit on how long my Backblaze password can be? That’s what put me off using it before, because who knows what kind of encryption you guys are using if it can’t handle what my email provider is able to handle, all the while securing more sensitive data ;)

> Is there a reason there’s a short limit on how long my Backblaze password can be? The current limit is 50 characters. There are reasons we don't let it get super long like 2,000 characters but we could easily double or triple the maximum length it if it was requested. Is there a number of characters you have in mind? I found a chart here: https://i.imgur.com/trR2u8g.jpg that says a randomly generated 17 character p…

Love Backblaze and it's my go-to backup recommendation, seeing this very late so not sure if you'll see my reply but a few thoughts:

>The current limit is 50 characters. There are reasons we don't let it get super long like 2,000 characters but we could easily double or triple the maximum length it if it was requested. Is there a number of characters you have in mind? I found a chart here: https://i.imgur.com/trR2u8g.jpg that says a randomly generated 17 character password would take 93 trillion years to crack.

Usually the reason people want longer "password" options is because they're using a diceware style pass phrase of 4-6 randomly generated words. It's not so much about ultimate security as many people having trouble memorizing decent fully random passwords. Key stretching and multifactor helps further of course. Longest normal English words are something like 21 characters before getting into niche science terms, so very conservatively 160 characters is probably going to fit even an extremely conservative edge case passphrase. That'd be 8x of some of the very longest words (unlikely to be randomly chosen) and match a 128-bit key which is plenty [0].

>* Backblaze also supports 2-factor authentication via SMS or Google Authenticator codes which personally I would highly recommend to customers also.*

I hope you'll consider adding (via Webauthn online or OS or other toolkits to the application) standalone hardware token support (like Yubikeys or Nitrokeys). Those are enormously more secure, convenient, and also have the bonus of eliminating another set of 3rd party dependencies. If you looked at those in the past and skipped them due to lack of device support worth looking again, every major platform should have coverage at this point.

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0: Also, rather then thinking in terms of "years to crack" which inherently depends on the processor power thrown at it, might be better off considering in terms of combinations (or entropy). A standard symmetric key at this point is 256 bits, which means 2^256 combinations, but with stretching 128 bits is probably a very very safe seed for the password component. So that could be a "password" of [01] 128 characters long. That'd be roughly equivalent to [0-9] 38 characters long, or alphanumeric cased (26*2+10=62) 22 characters long. Current Oxford English dictionary edition I think has around 170000 words. If we figure a diceware program throws out ultra short, ultra long, and ultra weird words for convenience (whole point is something people can remember) so maybe it's cut down to the 70000 most common words >3 characters, that'd take 8. At a more typical 4-6 words, equivalent to maybe a 17 character cased alphanumeric password.

Re: Backblaze IPO

#293
post #279
post #265

Earlier quoted context omitted.

The storage on the network is being subsidized to the tune of $20 million per month, which means there's a massive oversupply of storage and nobody buying it, hence very cheap prices.

Who is doing the subsidizing?

[deleted]

Re: Backblaze IPO

#295
post #292

Earlier quoted context omitted.

> Is there a reason there’s a short limit on how long my Backblaze password can be? The current limit is 50 characters. There are reasons we don't let it get super long like 2,000 characters but we could easily double or triple the maximum length it if it was requested. Is there a number of characters you have in mind? I found a chart here: https://i.imgur.com/trR2u8g.jpg that says a randomly generated 17 character p…

Love Backblaze and it's my go-to backup recommendation, seeing this very late so not sure if you'll see my reply but a few thoughts: > The current limit is 50 characters. There are reasons we don't let it get super long like 2,000 characters but we could easily double or triple the maximum length it if it was requested. Is there a number of characters you have in mind? I found a chart here: https://i.imgur.com/trR2u8…

> ... 4 - 6 words ... very conservatively 160 characters is probably going to fit

Gotcha. I'll file a Jira ticket to see if we can easily and quickly raise it to 200 characters (round number). I think we can handle that easily and safely.

> standalone hardware token support (like Yubikeys or Nitrokeys).

I'll run the idea by a few groups and see what people say. For feature requests NOT related to security, traditionally it's kind of a customer voting system. If enough customers want a certain feature it sorts to the top of the priority list and gets done sooner.

For security things it is obviously different, like if a big exploit like Heartbleed is released in the world we drop everything else and focus on that.

This is sort of somewhere in the middle, it's security related so it gets some additional boost up the priority list for that, but it's also a security feature not all customers would choose to use, so it is still affected by whether our sales and support teams are hearing requests for it.

Re: Backblaze IPO

#296
post #292

Earlier quoted context omitted.

Love Backblaze and it's my go-to backup recommendation, seeing this very late so not sure if you'll see my reply but a few thoughts: > The current limit is 50 characters. There are reasons we don't let it get super long like 2,000 characters but we could easily double or triple the maximum length it if it was requested. Is there a number of characters you have in mind? I found a chart here: https://i.imgur.com/trR2u8…

> ... 4 - 6 words ... very conservatively 160 characters is probably going to fit Gotcha. I'll file a Jira ticket to see if we can easily and quickly raise it to 200 characters (round number). I think we can handle that easily and safely. > standalone hardware token support (like Yubikeys or Nitrokeys). I'll run the idea by a few groups and see what people say. For feature requests NOT related to security, traditiona…

>Gotcha. I'll file a Jira ticket to see if we can easily and quickly raise it to 200 characters (round number). I think we can handle that easily and safely.

Thanks so much for the reply, and yeah that's done-forever territory. Even "just" tripling to 150 as you earlier suggested would almost certainly be plenty, into pathologic edge cases.

>I'll run the idea by a few groups and see what people say. For feature requests NOT related to security, traditionally it's kind of a customer voting system. If enough customers want a certain feature it sorts to the top of the priority list and gets done sooner.

>For security things it is obviously different, like if a big exploit like Heartbleed is released in the world we drop everything else and focus on that.

Sensible way to do it. And yeah I agree this is kind of a hybrid of both. It's not a flaw per se, but it's more than a feature enhancement as there are genuine security implications. If you haven't looked into it, there have been cases of SMS hijacking for example, you can find plenty of discussions on HN alone with a quick "sms hijack" search. It's better than nothing but SMS infra just is fundamentally not very secure. One time tokens with a seed are better, but less convenient or secure then a blackbox that can enforce operator presence requirements or at least completely sequester keys.

Even a couple of years ago it would have been more annoying to integrate but the standards are progressing well enough now that it's probably worth another look. Adoption of hardware keys in business also finally seems to be hitting critical mass, though if we're in an S-curve at last this time around it's well before the steep slope.

Anyway, thanks again and best of luck with everything! As it happens plan to link up a new TrueNAS installation with B2 starting tonight :).

Re: Backblaze IPO

#297
post #144

Earlier quoted context omitted.

Yeah, this is awful. I don't understand why they would also delete the data from that machine even if new data weren't flowing. What if you had needed the data from years ago? Isn't that part of the whole point of backup??

That's actually not the whole point of a backup in this context. It's important to remember that the Backblaze Personal Backup service is essentially an emergency extra copy, not a data archive. Once the client backs up a file (or more accurately a revision of a file), it checks every 30 days that the file still exists locally. If it does not, then it will be deleted from the cloud backup. For example if you plug in…

That might not be the _intention_ but surely backblaze doesn't just delete the entire contents of your account if your computer goes entirely offline for a month?

Suppose my house catches on fire. I might not immediately get around to booting all of my computers again (in fact, it might be months until I have the same set of computers again), but I sure don't expect Backblaze to just start deleting files even while I'm paying them!

Importantly they had the _choice_ to delete this data. Note that the email seems to indicate that the sender will personally delete the backup in a week.

Re: Backblaze IPO

#298

Earlier quoted context omitted.

You cannot short an IPO. You cannot short post IPO until the stock becomes marginable. What you can do, if have a lot of $$, is have one of the desks immediately at after the IPO write you a synthetic short position using an over the counter option.

Yeah you can't do it through the platforms, but if you know someone bullish IRL there's nothing stopping you from making a meatspace agreement to sell them 100 shares of backblaze for $10 one year from today.

That does not account for the counter-party risk

Re: Backblaze IPO

#299
post #15

Fidelity is handling the IPO and if you have been a customer of BackBlaze for a while apparently you will get to buy before public, up to 1,000 shares between $15-17 per share. That is my understanding.

150 shares were offered in the "Backblaze Directed Share Program", and I've been a customer since 2011.

Re: Backblaze IPO

#300
post #144

Earlier quoted context omitted.

Yeah, this is awful. I don't understand why they would also delete the data from that machine even if new data weren't flowing. What if you had needed the data from years ago? Isn't that part of the whole point of backup??

That's actually not the whole point of a backup in this context. It's important to remember that the Backblaze Personal Backup service is essentially an emergency extra copy, not a data archive. Once the client backs up a file (or more accurately a revision of a file), it checks every 30 days that the file still exists locally. If it does not, then it will be deleted from the cloud backup. For example if you plug in…

Backups are deleted after six months not 30 days. 30 days is the default revision history kept for each file. Point still stands though.

source: https://help.backblaze.com/hc/en-us/articles/217664898-What-...

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