“Snyder, without providing many details, said his personal financial information had been compromised about five years ago. A multi-millionaire, Snyder said he learned his identity had been stolen when he started getting “harangued by collection agencies” over bills he didn’t have.
“It took over two years to finally clean it up,” he said. “That was a major hassle.”
He also said that a few years ago, he discovered that a computer he had set up for his children to use had apparently been compromised and used in a botnet, a secret network of computers used by hackers to coordinate web attacks.
Snyder said his personal experiences underscore the broader issue: cybersecurity is becoming a major problem for individuals, businesses and governments.”
It’s worth remembering this guy’s management experience was at Gateway, a former American computer company.
(story at annarbor.com)