Comments on: Breaking news: Convio reports security breach on GetActive systems

By: Mara

Mara — Thu, 13 Oct 2011 13:00:39 +0000

In my opinion Convio did the right thing in notifying its clients as quickly as it could. Was very smart.

By: Carolina

Carolina — Sun, 31 May 2009 16:20:46 +0000

Convio's IPO failure and security breach really preclude their direction in general. They have promised a great solution and sold giddy investors into throwing them some cash.

The results are a web page that ties to a database for 50 MILLION bucks. What a waste of cash, time, and effort.

By: Allan Benamer

Allan Benamer — Tue, 21 Oct 2008 15:07:01 +0000

Everyone, please be aware that Convio is no longer offering an IPO. At this point, dead horses come to mind…

By: Reggie

Reggie — Tue, 21 Oct 2008 04:44:26 +0000

Common sense tells you it’s not going to fly with investors.

DEBT issues, security issues…

By: Zahra

Zahra — Thu, 29 May 2008 05:16:07 +0000

Hello, did the ongoing security breach end the IPO concept?

It looks like others in the space are way ahead on that idea anyhow. Looks like they will die off on VC money.

By: P.J.

P.J. — Wed, 30 Apr 2008 02:07:55 +0000

There too many others companies that I would invest in first to even consider the idea. This would be extremely high risk and the return would come decades later if at all.

In other words, why not play the lottery with the same money, I honestly believe your odds would be higher.

I know girl scouts that have made more money one weekend (IE. A profit). If you invested the same about of money in children’s lemonade stands you be light years ahead of their profits (IE. NONE).

By: Gene

Gene — Fri, 25 Apr 2008 05:52:13 +0000

Lord, don’t invest is all I will say.

By: AN

AN — Sat, 24 Nov 2007 03:07:38 +0000

Ummm, it’s Thanksgiving. When did you call?

By: Mary Ann Williams

Mary Ann Williams — Fri, 23 Nov 2007 17:07:13 +0000

There was a newspaper article in the Austin Statesmen (newspaper) stating this about Convio: “a consistently unprofitable software company that has racked up $46 million in losses”

I’m not sure how this company can think that anyone would invest when monies into them when they owe over $46,000,000.00 + (to VC’s) and haven’t made a cent in profit.

Plus, they are still adding $MILLIONS more each year to their debt, and that does not even consider the interest on the money.

“A consistently unprofitable software company that has racked up $46 million in losses”

After finding out this info, I would consider them consistently unsafe (in addition to unprofitable) as well.

This news could very well could be a recipe for disaster when the doors close and their clients are left with only the source code to run their webpages. Nice my passwords are in a hackers hands.

PS – I called their hack attack 800 number (800-501-8193) just to find out that no one would answer my call!

Pathetic.

By: Allan Benamer

Allan Benamer — Wed, 21 Nov 2007 17:21:12 +0000

Yeah, I just reported on that at http://www.nonprofittechblog.org/techsoup-affected-by-convio-security-breach-too and so did Beth Kanter at http://beth.typepad.com/beths_blog/2007/11/security-update.html

Security breaches are unevenly reported in the private sector. They’re the wrong model to follow. Private sector companies should be following OUR example. Unfortunately, with the exception of Working Assets and maybe Convio, our behavior as a sector has been woefully inadequate in terms of addressing the need for transparency when it comes to security.

You might also want to check out http://www.nonprofittechblog.org/suggested-guidelines-for-nonprofit-disclosure-of-security-breaches so you can give those guidelines to the management staff at your nonprofit. Don’t sweep security breaches under a rug and think the problem is going away. You’re only helping out hackers who don’t want their activities exposed to the light of day.