As a leading source of business news, Extreme Investor Network is excited to bring you the latest update on The Walt Disney Company’s decision to no longer use Slack for internal company communication. This comes after a data hack that compromised over a terabyte of company information, forcing Disney to make a significant shift in its communication tools.
According to a memo from Disney Chief Financial Officer Hugh Johnston, the company has already started transitioning to new internal collaboration tools and will be phasing out Slack usage across most of its business units by the end of Disney’s next fiscal quarter. This move is aimed at improving security measures and ensuring the protection of sensitive company data.
While the summer data hack did not have a material impact on Disney’s operations or financial performance, the company is taking proactive steps to enhance its cybersecurity protocols. Salesforce, the owner of Slack, has reassured the public that their security measures are robust and that companies must also take responsibility for preventing cyber attacks like phishing and social engineering.
Despite discontinuing the use of Slack for internal communication, Disney will continue to utilize Salesforce products in other areas of its business, such as the Disney store, sales and service operations, and call centers. This strategic decision highlights Disney’s commitment to maintaining the highest standards of data security and protecting its valuable assets.
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