{"id":29240,"date":"2019-01-21T15:38:02","date_gmt":"2019-01-21T13:38:02","guid":{"rendered":"https:\/\/mamchenkov.net\/wordpress\/?p=29240"},"modified":"2019-01-21T15:38:11","modified_gmt":"2019-01-21T13:38:11","slug":"the-millions-silicon-valley-spends-on-security-for-execs","status":"publish","type":"post","link":"https:\/\/mamchenkov.net\/wordpress\/2019\/01\/21\/the-millions-silicon-valley-spends-on-security-for-execs\/","title":{"rendered":"The Millions Silicon Valley Spends on Security for Execs"},"content":{"rendered":"\n\n
\"\"<\/figure>\n\n\n\n

There’s plenty of talk about security when it comes to giant technical companies, like Google, Facebook, Amazon, and Apple. But that’s all usually from the perspective of the software security and end-user privacy. Here’s a different perspective on the subject – “The Millions Silicon Valley Spends on Security for Execs<\/a>“.<\/p>\n\n\n\n

Apple\u2019s most recent proxy statement, filed earlier this month, shows the company spent $310,000 on personal security for CEO\u00a0Tim Cook<\/a>. But that\u2019s a fraction of other tech giants\u2019 expenditures.
Amazon and Oracle spent about $1.6 million each in their most recent fiscal years to protect\u00a0Jeff Bezos<\/a>\u00a0and\u00a0Larry Ellison<\/a>, respectively, according to documents filed with the US Securities and Exchange Commission. And Google’s parent company, Alphabet, laid out more than $600,000 protecting CEO Sundar Pichai and almost $300,000 on security for former executive chair Eric Schmidt. In 2017, Intel spent $1.2 million to protect former CEO Brian Krzanich. Apple, Google, Intel, and Oracle declined to comment; Amazon did not respond to a request for comment.
Facebook CEO Mark Zuckerberg was the costliest executive to protect; Facebook spent $7.3 million on his security in 2017, and last summer the company\u00a0told investors<\/a>\u00a0that it anticipated spending $10 million annually.<\/p><\/blockquote>\n\n\n\n

Well, that’s pretty impressive in terms of money! But do they need it really? They do, at least, to some degree:<\/p>\n\n\n\n

While Silicon Valley firms haven\u2019t disclosed many threats to the safety of their executives or offices, they have good reason to take precautions. In December, Facebook\u00a0evacuated its headquarters<\/a>\u00a0after the company received a bomb threat. Last year an\u00a0unhappy YouTube user<\/a>\u00a0entered the company\u2019s San Bruno, California, headquarters and shot three employees before killing herself. And in 1992 the president of Adobe, Charles Geschke,\u00a0was kidnapped at gunpoint<\/a>\u00a0and rescued by the FBI.<\/p><\/blockquote>\n\n\n\n

Do you still dream of being an executive in a large company?<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n

There’s plenty of talk about security when it comes to giant technical companies, like Google, Facebook, Amazon, and Apple. But that’s all usually from the perspective of the software security and end-user privacy. Here’s a different perspective on the subject – “The Millions Silicon Valley Spends on Security for Execs“. Apple\u2019s most recent proxy statement, … Continue reading The Millions Silicon Valley Spends on Security for Execs<\/span><\/a><\/p>\n\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"The Millions Silicon Valley Spends on Security for Execs #security #business #tech #Google #Facebook #Amazon #Apple","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[1,62],"tags":[42,2190,1968,2271,2068,200],"keyring_services":[],"class_list":["post-29240","post","type-post","status-publish","format-standard","hentry","category-general","category-technology","tag-amazon","tag-apple","tag-business","tag-facebook","tag-google","tag-security"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":28188,"url":"https:\/\/mamchenkov.net\/wordpress\/2017\/11\/07\/after-the-end-of-the-startup-era\/","url_meta":{"origin":29240,"position":0},"title":"After the end of the startup era","author":"Leonid Mamchenkov","date":"November 7, 2017","format":false,"excerpt":"TechCrunch is running the \"After the end of the startup era\" article, which essentially says this: We live in a new world now, and it favors the big, not the small. 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