If they start doing this to academic accounts... I'll have to set up some Mattermost instances...
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Think of it, this example alone is a $250k risk and it seems from this point forward that $250k risk is significantly high and the impact is major, considering there’s a short decision fuse on the extortion.
Would you be ready to retain data; set up, deploy, transition, restore, and scale alternatives to Slack within a week or your institution be forced to pay such blackmail/extortion?