Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I work in an extremely highly regulated industry and I don't understand your last sentence. It is in our best interest to run all our own hardware. We can't even take pictures in the office, there's an absolute 0% chance we're trusting a cloud provider with anything.


> extremely highly regulated industry

Which one? We are using this stack in fintech, and are subject to PCI-DSS, SOX, AML, SOC2, etc. Many of our customers (small US banks & credit unions) are very interested in this kind of cookie-cutter, cloud-native stack in 2023.

> We can't even take pictures in the office, there's an absolute 0% chance we're trusting a cloud provider with anything.

Sounds like you work for an F100. Our IT budget is 5 figures and we are doing business with clients who have 6 figure IT budgets at the high end. Forcing an on-prem architecture would make our solution less secure in most situations, especially for those customers who do not have the confidence to run a complex SAAS solution on their premises. Many of our customers actively understand this reality and are very open to the idea of offloading complexity to the cloud.


> Forcing an on-prem architecture would make our solution less secure in most situations, especially for those customers who do not have the confidence to run a complex SAAS solution on their premises.

Yeah. I spent a couple of years at a billion-$ company in the telco industry which was subject to all sorts of US federal and foreign regulations (because they operated in 20+ countries.) They ran almost everything onprem, but seeing how that was managed, cloud would have 1000% more secure for them. At one point, the entire senior staff of the IT department was fired because of a security breach that was pretty clearly due to their poor decisions.

Companies do exist where their onprem operations do seem very secure, but you need really big budgets and good management to do that properly. Most places are not like that, even in the highly regulated spaces.


Sounds very similar to Optus breach in Australia.


This was a US company. Another fun thing that happened while I was there is that they had to throw out a major codebase and start from scratch because of security compromises, i.e. people working on it that shouldn't have been allowed to.

I suppose in the end they achieve a kind of security with this behavior, but it would be a lot better to avoid such incidents in the first place - which would be perfectly possible, with good decision-making.


Ah, yes, also fintech, but different scale. The magnitude of our IT spend is very different.


I'd bet pharma or defense




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: