You can just do what my university did, hire a small shell firm with 3 employees to hold all your data, and when it got hacked they just went bankrupt and we switched to a new shell firm with similar form and function.
Minimizes money usage and does not require any security investments
Perhaps they should read <a href="https://en.wikipedia.org/wiki/Piercing_the_corporate_veil" rel="nofollow">https://en.wikipedia.org/wiki/Piercing_the_corporate_veil
Parent isn't talking about shareholders or ownership, but full delegation of a process to a contracting company.
Calling "shell company" makes it sound like the University is the shareholder, but that's usually not what's happening IMHO. In general the entities are clearly defined and nothing crosses the client/contractor frame, the university just happens to be the sole client and the contractor will have the uni pay for their whole operation.
augment_me · · focus · HN ↗
Minimizes money usage and does not require any security investments
ranger_danger · · focus · HN ↗
makeitdouble · · focus · HN ↗
Calling "shell company" makes it sound like the University is the shareholder, but that's usually not what's happening IMHO. In general the entities are clearly defined and nothing crosses the client/contractor frame, the university just happens to be the sole client and the contractor will have the uni pay for their whole operation.