The post mentions background checks. On the one hand, I understand there's a real issue with these. On the other, if my PAAS isn't ensuring repeat offender fraudsters don't have access to sensitive data, that's possibly an area of concern. Hopefully the things they took from the other mentioned company do increase due diligence in vetting employees who have access to sensitive/regulated information.
Use it as a framework to actually think about BCP, DRP, etc, etc, and it won't be a total waste of time.
Edit: Also adding I bring up background checks as an example of learning from vetted practices, rather than trying to attack the decisions of fly. I respect this article, especially where it's easy for people on the internet to criticize decisions, when the reality is security is a series of tradeoffs, and to function as a business means having imperfect processes.