innerrest.blogg.se

Voxox stock
Voxox stock




Some such stocks don't even survive their first year - debuted in 2000 and was out of business within a year. Various studies suggest that it's actually unprofitable, on average, to jump into IPOs, and that the better strategy is to give those fresh stocks a year or so to settle down. It's not vital to get into a great company when it IPOs. Netflix debuted in 2002, and those who have held it for only the past decade are up about 1,900%. Consider that Amazon had its IPO in 1997, some 23 years ago, but if you'd only owned it over the past 10 years, you'd be up more than 1,600%, and over the past five years, you'd have more than quadrupled your money - seemingly with plenty of growth still ahead. And even with the ones that do, you can profit quite handsomely getting in a few years or many years after they debut. Yes, the earliest investors in companies such as and Netflix have done phenomenally well, but most companies fresh on the market don't turn out to be the next Amazon or Netflix. (Snowflake shares were recently trading at $323.) The case against IPOsĭespite the appeal of IPO stocks, you're generally best off avoiding them. The shares began trading at $245 apiece, though - giving those privileged buyers an immediate gain of more than 100%. That's the price that insiders and connected investors and institutions were able to buy at. Consider, for example, that Snowflake had priced its initial shares at $120 apiece. When companies that people are excited about debut on the markets, there is often a trading frenzy, sending the shares up sharply in their first few minutes, days, or months. So why would you want to invest in an IPO? Well, because with companies that you're excited about and would really like to own, getting into them as soon as possible seems best, no? Think about all the huge companies we're now familiar with, such as  and Netflix: They have rewarded their longtime shareholders enormously - especially those who got in on the ground floor. As we at tyntec continue to strengthen our security controls and standards, we take security breaches like that at Voxox as an opportunity to ensure our security measures are strictly followed through.Image source: Getty Images. Yes, security is hard - but that's no excuse for neglecting the very basic steps that we all have to check off. No matter which industry you operate in, it’s only a matter of time before someone in the ecosystem falls prey to a malicious attack.

voxox stock

Third, GDPR compliance is a hard measure that helps us to take the mandated steps to train our employees encrypt/pseudonymize wherever possible segregate data, network and systems control access to facilities including tyntec-owned ECB-S grade data centers. Unlike many organizations with a developer-driven setup that allows developers to configure the network infrastructure by themselves, at tyntec our IT team enforces the responsible network team to adhere to a ‘four-eyes’ principle for editing firewall rules - thus elevating our control mechanism.

voxox stock

Second, the separation of application, service development, and IT teams, enables our IT team to configure our firewalls with sufficient control to make it possible to detect the types of security flaws we saw in the Voxox case. That approach works as a compelling differentiator for our enterprise customers with strict compliance requirements. As a company with a heritage of building our own network infrastructure and proprietary technology stack, we needed the level of monitoring and control we gain from hosting our systems and services ourselves. The Voxox case appears to be an instance of shocking negligence and has compelled me to share a few of the important measures we take at tyntec to safeguard us from known vulnerabilities - measures we welcome any organizations with similar needs to adopt.įirst, we’ve made a strategic choice not to rely on third party cloud providers.

voxox stock

The recent data breach of Voxox reported by TechCrunch is a glaring reminder how even the most basic steps are sometimes overlooked when it comes to data protection, in this case by exposing critical customer details in an online database without even protecting it with a password. Let’s start with the basics: If you handle your customer’s number one asset - their data - there are some things you simply don’t do.






Voxox stock