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Hosting firm says it lost all customer data after ransomware attack
(www.bleepingcomputer.com)
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this post was submitted on 24 Aug 2023
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Technology
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I think that people generally overestimate how much money tech companies like this one actually make. Their profits are tiny. A lot of the time, tech companies run on investment money, and can't actually turn a profit. They wait for the big acquisition or IPO payday. So if you think you're actually gonna get 100k off them, good luck. Sometimes they're barely keeping the lights on.