• 0 Posts
  • 11 Comments
Joined 1 year ago
cake
Cake day: June 20th, 2023

help-circle

  • Except the overall hiring demand IS down and it has been since December.

    You know it’s bad when across the globe, IT systems administrators aren’t even getting hit up by RECRUITERS.

    In the U.S. at least, it’s been a continually “in demand” field since we recovered from the U.S. housing market crash of '08-'09… right up until before the New Year.

    Now I’m hearing the same thing from people in the field worldwide and that is that there’s been an uncharacteristic hiring stall in a historically consistent field of IT infrastructure.

    The same is supposedly true in other portions of infrastructure as well, likely because companies still view infrastructure as a cost center instead of a force multiplier.

    It remains to be seen if the hiring silence will extend to full stack devs/programmers if this heavy layoff follow the leader garbage goes on much longer, but if it hits “revenue generator” departments, I’m afraid we’ll start to see other companies tech stacks failing like Twitter’s current functionality has.


  • They weren’t, which is why the SEC updated 17 CFR Parts 229, 232, 239, 240, and 249.

    https://www.sec.gov/files/rules/final/2023/33-11216.pdf

    As of December 18th of last year, publicly traded companies are now required to disclose breaches. (soz, material cybersecurity incidents).

    Prior to that, they could …basically… just effectively sweep everything under the rug “like it never happened” minus a little handwaving and paper shuffling and nobody would find out about it until the information got sold and went public.

    I’ll have to go looking but I would be SERIOUSLY surprised if the disclosures apply to credit card companies (the MOST breached, historically) because I’m not sure what exactly qualifies someone as an asset-backed issuer, but it’s at least a really good step for the REST of things.