Comment by JumpCrisscross
Comment by JumpCrisscross 3 days ago
> data-breaches could carry the death penalty for companies
One, corporate death penalties are nonsense. They’re a distraction from fines.
Two, what would America pay for its adversaries to enact such a policy. Automatic self destruct for the entire data sector.
I agree that a 'corporate death penalty' would be enormously open to abuse, sector rivals would be even more incentivised to industrial espionage for one thing...
But 'a distraction from fines'? Fines do nothing to help those affected by such breaches. Even class action lawsuits usually result in symbolic payouts to individual victims. Given the potential consequences of these breathes - especially in the health space, criminal prosecution for those executives responsible seem appropriate, commensurate and incentivising.