Globalscape | Banes
For a company whose primary value proposition is "secure data movement," a successful ransomware attack on their own internal network served as a critical failure of "eating their own dog food." This incident is widely cited by industry analysts as a contributing factor to the company's willingness to be acquired shortly after.
The finascape (the global flow of money, capital, and derivatives) has created unprecedented wealth, but its bane is . A bank collapse in New York, a property bubble in Shanghai, or a sovereign debt crisis in Athens no longer remains local. Because capital moves at the speed of light through complex, opaque instruments (swaps, futures, CDOs), panic is instantaneous. globalscape banes
The very strength of Globalscape—its deep customization—can be a bane for new users. For a company whose primary value proposition is