> For example, how many stories have we heard about data leaks involving complete incompetence or negligence by the company involved? How many of them have ended up in jail or even with a fine?
Jail is a bit much for a negligence-caused data leak, but I certainly would welcome large fines against companies with shoddy systems. It might incentivize c-level execs to invest in properly securing their systems and the rest of the organization to take security seriously.
These financial crimes weren't the result of negligence. They were committed by people who knew what they were doing and profited handsomely from it.
Jail is a bit much for a negligence-caused data leak, but I certainly would welcome large fines against companies with shoddy systems. It might incentivize c-level execs to invest in properly securing their systems and the rest of the organization to take security seriously.
These financial crimes weren't the result of negligence. They were committed by people who knew what they were doing and profited handsomely from it.