Confusion, ignorance, stupidity or fraud?

A lotta padlocks
By Tim Lord   |   February 8, 2019

Imagine what would happen if you lost your most important work password—and everything it protected—with no chance of retrieval. Your data? Just “poof”—gone! How much would it cost your company? What if it were well over $100 million? Because that’s what just happened to Canadian crypto-currency exchange QuadrigaCX with the apparent death of its CEO, Gerald Cotten. A high price to pay for poor security practices.

A sad lesson

It’s clear that no one in the company instituted proper Identity Governance Administration (IGA) practices.

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