Reforming Retail

NCR Systems Down Since Wednesday. But NCR Has A Plan

NCR’s back office systems have been down since Wednesday.

Hate to see it.

Reporting.

Loyalty.

Payments.

A lot’s being affected.

Given that things are still down, one can reasonably speculate that it’s a security breach.

And frankly, NCR should hope that it IS a security breach versus internal incompetence.

Wouldn’t want to explain the latter after our stock has underperformed the Dow by 67% and the S&P by 82% over the past 5 years:

Hackers probably saw a CEO making $12M a year to run a company into the ground and thought, “Shit: if NCR has this kind of money to pay for incompetence, I wonder what they’ll pay us if we hold systems hostage…”

Coupled with this thought was the realization that enterprise restaurants depreciate their POS systems over 7 million years, so a lot of larger restaurants will still be on NCR systems (genius move) and this will force NCR to pay faster.

I’m not smart enough to make rational decisions with my company’s money.

I take no responsibility for my inability to effectively allocate capital, perform SWOT analyses, understand trends, nor comprehend fuck-all.

NCR, this is your fault!

Enterprise restaurants

(Nearly all of NCR’s smaller restaurants have already moved onto cloud competitors with modern infrastructure).

Fortunately for NCR they charge the hell out of third party integrations so they’ll be able to tap into those reserves and stroke a check for any ransom.

Phew.

We were really worried NCR’s CEO wouldn’t be able to fly private this weekend.

Glad this all got worked out.

Except for the part where it hasn’t.

But you’re on NCR, so you kinda deserve it. It’s not like we – and the industry at large – didn’t tell you so for years.

Update: NCR confirmed it was hacked

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