Re:FTC Takes Action Against GoDaddy for Alleged Lax Data Sec...
by manquer on Tuesday January 28, 2025 @05:28PM
(#42858944)
Yet.
it takes time there are plenty of lawsuits flying around that incident .
Even if they win all the suits without settling or loosing, customers will negotiate far stiffer penalties and controls on next renewal or get steep discounts or just straight up switch vendors .
Sooner or later their ability to be competitive will get affected and they will likely become a target for acquisition and rebranding.
Organizations of that magnitude do not collapse overnight like startups
it takes time there are plenty of lawsuits flying around that incident .
Even if they win all the suits without settling or loosing, customers will negotiate far stiffer penalties and controls on next renewal or get steep discounts or just straight up switch vendors .
Sooner or later their ability to be competitive will get affected and they will likely become a target for acquisition and rebranding.
Organizations of that magnitude do not collapse overnight like startups