“Apple Says It’s Sorry for Chinese Hacks,” The Wall Street Journal, October 17, 2018 B4.  Apple apologizes to customers who didn’t use two-factor authentication and who lost money when their accounts got hacked.  No disclosure of how the Apple IDs were stolen.

One could comment on this as a hack, or as the failure of the user to use optional controls in a software/hardware app, or as the failure to make the control required rather than optional.  But, as with the earlier post today, this post takes a different tack: what does it say about Governance in China when a vendor is pressured to apologize for its customers’ decisions?  That doesn’t happen stateside, much.  Is this punishment for Apple’s non-compliance?  Versus a lawsuit, which would be the Western approach?


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Filed under Access, Communications, Compliance (General), Controls, Corporation, Culture, Duty, Governance, Internal controls, Technology, Third parties, To report

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