4.8 • 1K Ratings
🗓️ 31 October 2022
⏱️ 39 minutes
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0:00.0 | Hi, I'm Ryan Levy. |
0:01.0 | Welcome to Cyber reasons Malicious Life. It was a faithful moment in the United States Court of Appeals for the 11th Circuit. |
0:37.0 | Dozens of people gathered in the old courthouse waiting for the arrival of the circuit judges and their impending decision on a certain case on a sunny summer day in 2018. |
0:51.0 | On one side of the courthouse stood the officials and lawyers of the Federal Trade Commission, the FTC, |
0:59.0 | a powerful United States government agency with more than 1,000 employees and an annual budget of $300 million. |
1:08.8 | On the other side stood one man, the owner of a failed business with few resources left. |
1:17.0 | An entire agency against one Michael Dorothy. |
1:25.0 | The issue at stake was momentous. |
1:28.0 | Could the FTC sue a company just because it was hacked. |
1:33.2 | In other words, is a cyber security failure a civil offense? |
1:39.1 | As the circuit judges read their decision aloud, many people in the courthouse gasped. |
1:45.0 | It was the eventful culmination of a long legal fight made of many twists and turns that began a decade earlier. So my name is Michael Doherty. I am the CEO of Lab MD, a now shell of a fully, formally fully functioning cancer |
2:18.0 | detection laboratory that was based in Atlanta, Georgia and Lab MD did prostate cancer analysis as well as any other type of |
2:26.4 | blood or urine type of analysis that would come into a urologist office. so PSAs, bladder cancer, you know, blood levels, kidney, all that. |
2:37.6 | I'm from Detroit, I have a degree in economics from the University of Michigan in Ann Arbor, |
2:42.2 | and I got into medicine pretty quickly out of the |
2:45.8 | University of Michigan by working as a medical device salesman in surgery and then in |
2:51.9 | Lab MD started around 1996. |
2:55.0 | Michael started his company with a simple plan in mind, |
2:59.0 | utilizing then new technologies in order to streamline medical tests and provide better and more accurate results. |
3:08.0 | And we were really humming along and as private and no debt and about 26,000 square feet in Atlanta and about 40 |
3:18.8 | employees at its peak with sales people around the country. |
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