“Young tech companies have a long list of to-dos,” reads a report today in USA Today. “Signing up users and raising money are usually at the top of the list. Much further down? Data security. That neglect has recently come back to bite many new applications and Web services — and their users — and has them rushing to improve their products after breaches and holes were discovered.” With Tinder, Snapchat, Kickstarter, WhatsApp and many other hot new apps and online services suffering breaches, it’s almost fair to say, Tripp Jones, partner at Silicon Valley venture firm August Capital, said, “For many companies, a security breach would almost be a nice problem to have in some cases. It means you have enough customers for someone to care.”
Full Story