this post was submitted on 23 Jan 2024
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I have a solution:
governments should heavily fine companies that are subject to data breaches.
If it cost them real money (proportional to their market cap, the amount of customers affected, and/or the severity of the breach) to allow a data breach, I’m betting they’d shore up those holes REALLLLLLLLLL QUICK.
This is always the answer. "How do we solve x in y industry?" Make the fucking corpos responsible for their own asses and it will get fixed. If it costs them more money to be breached they will do everything they can to not allow that.
“Externalities” are just expenses that corporations incur that have to be paid by the public.
Make externalities losses again.