You can be on Entrepreneur’s cover!

No Apologies: On Hack, Snapchat Founder Says 'We Thought We Had Done Enough' On the 'Today' show, the 23-year-old discussed the inevitabilities of hacking while reassuring users.

By Geoff Weiss

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Despite warnings on Christmas Eve by an internet security group that a potential attack was looming, Snapchat chief executive Evan Spiegel said with a nervous laugh on the Today show this morning, "At the time, we thought we had done enough."

But then, on New Year's Day, the names and phone numbers of 4.6 million uesrs were leaked by anonymous hackers onto the website SnapchatDB.info, which has since been taken down.

While he didn't offer much in the way of an apology, Spiegel reasoned that tech startups teetering on the brink of innovation are particularly vulnerable to unforeseen abuses. "In a business that's moving so quickly," he explained, "if you spend your time looking backwards, you're just going to kill yourself."

Related: Happy New Year? Snapchat and Skype Get Hacked

Snapchat announced today a new version of its app that allows users to opt out of the Find Friends feature -- the cause of the breach. And looking ahead, Spiegel assured the app's users -- who send 350 million images a day, the company said -- that security would be top of mind.

"You have to work really, really, really, hard with law enforcement, with security experts, internal and external groups to make sure you're paying attention and addressing security concerns," Spiegel explained.

Snapchat also noted that no images or videos were compromised during the attack.

You can watch Spiegel's full interview with the Today show here:

Visit NBCNews.com for breaking news, world news, and news about the economy

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

A Non-Profit Newspaper Published a Column Criticizing Facebook. Then Meta Blocked All of Its Posts.

Facebook's communications chief said that the posts were removed because of "a mistaken security issue."

Business News

Elon Musk Reveals When Tesla Will Release Its First Robotaxi

Tesla's CEO says the fully autonomous Tesla taxi is arriving soon — in 122 days.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Walmart Shoppers May Be Eligible for $500 After Settlement

Walmart shoppers who purchased weighted goods or bagged citrus in the U.S. or Puerto Rico from late 2018 through early 2024 might be eligible for a share of a $45 million settlement.

Business News

Total Solar Eclipse 2024 Live Feed: Where, When and How to Watch the 2024 Eclipse

Here's what to know about the total eclipse 2024 and a live stream from NASA.

Business News

OpenAI Reportedly Used More Than a Million Hours of YouTube Videos to Train Its Latest AI Model

YouTube CEO Neal Mohan said last week that if OpenAI used YouTube videos to train text-to-video generator Sora, that would be a "clear violation" of the terms of use.