Re:Facebook stock drops more than 20% after revenue forecast...
by paxy on Wednesday July 25, 2018 @07:42PM
(#17613937)
But how do policy changes result in a 50% increase in total expenses? They can't be hiring that many lawyers.
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Re:Facebook stock drops more than 20% after revenue forecast...
by foobarian on Wednesday July 25, 2018 @08:46PM
(#17614258)
You should have seen how much harder life got at our company when we discontinued a common root password across the back office. Things that used to take 5 minutes to fix by self-service now take a ticket to the owner of a system, which can take days.
Re:Facebook stock drops more than 20% after revenue forecast...
by Pyxl101 on Wednesday July 25, 2018 @10:42PM
(#17614700)
Even if you don't have a common root password, you can still have groups of people who are sudoers for different systems.
Re:Facebook stock drops more than 20% after revenue forecast...
by jessaustin on Wednesday July 25, 2018 @10:11PM
(#17614603)
If one bought into "the security story", one would expect your company after this policy change to have seen fewer random regressions due to random people rooting around in systems for which they were not responsible. Did you find that to be the case?
Re:Facebook stock drops more than 20% after revenue forecast...
by rorykoehler on Wednesday July 25, 2018 @10:26PM
(#17614647)
It's about reducing exposure to risk more than actual occurrences. You only need to regress once for it to permanently damage your business. Just because it never happened until now doesn't mean that it won't in the future.
Re:Facebook stock drops more than 20% after revenue forecast...
by jessaustin on Thursday July 26, 2018 @09:09PM
(#17622715)
ISTM typically there would have to be more going wrong for "permanent damage"? Not that it would be surprising for a shared-root organization e.g. to have poor backup skills...
Re:Facebook stock drops more than 20% after revenue forecast...
by rorykoehler on Friday July 27, 2018 @09:09AM
(#17625678)
Commercial damage is often worse than technical
Re:Facebook stock drops more than 20% after revenue forecast...
by rachelbythebay on Thursday July 26, 2018 @12:45AM
(#17615111)
Shhh...
Re:Facebook stock drops more than 20% after revenue forecast...
by zeroxfe on Wednesday July 25, 2018 @09:33PM
(#17614449)
Example: audit all employee access to PII data.
Anyone who's worked at a large company can tell you how incredibly complex and expensive this can get if your systems aren't designed for this.
Re:Facebook stock drops more than 20% after revenue forecast...
by xxorlak on Wednesday July 25, 2018 @08:06PM
(#17614063)
Implementation of policies has a waterfall effect throughout the org.
EG: Adding something as simple as a privilege expiration (generic example) and propagating it through the org and various teams itself will take time.
Re:Facebook stock drops more than 20% after revenue forecast...
by bobdole12345 on Wednesday July 25, 2018 @08:44PM
(#17614252)
They're hiring 2/3rd more employees to act as content moderators from the sounds of the guidance.
Re:Facebook stock drops more than 20% after revenue forecast...
by cxhandley on Wednesday July 25, 2018 @09:45PM
(#17614496)
They're about to break the brains of 1000s of people subjecting them to aweful content. This will also have consequences. What was it "move fast and break things"!
Re:Facebook stock drops more than 20% after revenue forecast...
by CalRobert on Wednesday July 25, 2018 @10:13PM
(#17614607)
Evidently it's not employees, but contractors (via Accenture, etc). Rumour around these parts is a content mod killed themselves at work a couple months ago. Wouldn't want to put that on actual employees of course!
Re:Facebook stock drops more than 20% after revenue forecast...
by TheSpiceIsLife on Wednesday July 25, 2018 @10:44PM
(#17614709)
That’s upside down, me thinks.
It would be difficult to incur a 50% increase in expenses without massive policy shift.