The Scholastic Corporation was founded in 1920. Across the United States, kids and families regularly come into contact with Scholastic marketing and sales within public schools in the form of book fairs and monthly sales pamphlets distributed by teachers directly to students. In 2017, according to Scholastic’s annual form 10-K (available at http://investor.scholastic.com/financial-information), Scholastic had revenue in excess of $1.7 billion dollars. In surveys of educators, the company is generally held in high regard.
However, despite the maturity and public perception of the company, Scholastic fails to provide even rudimentary security protections for some of its publicly available digital products directed to children under 13.The Details