Earlier quoted context omitted.
>company is closed permanently in the interest of public security. So there goes a janitors job, secretaries etc. Local cafes, bars, transport lose out. The dependents of all the company are now involved. There's a long chain of consequences after this. Why not just target the guilty: maybe any punishment should make them suffer.
Well, I'd argue if the first two high penalties did not have an effect, the company is likely rotten from within and can not really be fixed, so close it. Also, I find your "but you have to think about the children^WJobs" argument pretty hollow. Nothing can be changed, because some gay lesbian from a foreign country might loose their already precarious job. Come on, is this really an argument for something?
Ring LLC home security company ransomed by ALPHV ransomware
51–60 of 124 posts
Re: Ring LLC home security company ransomed by ALPHV ransomware
#52Seems more like a home insecurity company to me.
And why is it an LLC?
Re: Ring LLC home security company ransomed by ALPHV ransomware
#53Earlier quoted context omitted.
I am very much with you on this but I think the biggest hurdle in this theory is that introducing such regulation would create a de-facto hostile innovation environment in that jurisdiction. And no regulator will lightheartedly put themselves into the position of being the guy that “drove away all the innovators/startups/research/business”
Some would say the most fertile ground for "business innovation" is a country with no labor protection laws. I think innovation will happen regardless and I'm kinda tired of fear mongering around "throttling innovation" whenever people talk about making our world better for people.
Re: Ring LLC home security company ransomed by ALPHV ransomware
#54Re: Ring LLC home security company ransomed by ALPHV ransomware
#55Leaking user data isn't really penalized enough. First two incidents, high monetary penalty, third incident, company is closed permanently in the interest of public security.
>company is closed permanently in the interest of public security. So there goes a janitors job, secretaries etc. Local cafes, bars, transport lose out. The dependents of all the company are now involved. There's a long chain of consequences after this. Why not just target the guilty: maybe any punishment should make them suffer.
I agree. It would be better to make execs personally criminally liable.
Re: Ring LLC home security company ransomed by ALPHV ransomware
#56Earlier quoted context omitted.
It’s been tried. Laws against paying just make people not report to the police at all.
well, i guess laws against murder, makes murder no report them self...
Re: Ring LLC home security company ransomed by ALPHV ransomware
#57Re: Ring LLC home security company ransomed by ALPHV ransomware
#58Re: Ring LLC home security company ransomed by ALPHV ransomware
#59I've said it before and I'll say it again: - Companies should suffer massive fines / damages / criminal charges when they leak the personal data of millions of customers. - I think EULAs are a ridiculous run-around the law. They should be non-enforceable. Its far from perfect, but case law is pretty clear that people and companies are liable for damages due to foreseeable harm that they cause. (Except EULAs dodge thi…
> companies should suffer massive fines / damages / criminal charges when they leak the personal data of millions of customers This is zealous. If consumers don't care, and nobody can show tangible damages, "massive fines" and "criminal charges" are closer to moral outrage than prudent lawmaking.
I don't care if people around me don't have car insurance, but once one of them crashes into my car, i sure want them to have one, while the rest will continue not caring.
So yes, requiring companies to safeguard data, even if that means fines and criminal charges for responsible people is important.
Re: Ring LLC home security company ransomed by ALPHV ransomware
#60I've said it before and I'll say it again: - Companies should suffer massive fines / damages / criminal charges when they leak the personal data of millions of customers. - I think EULAs are a ridiculous run-around the law. They should be non-enforceable. Its far from perfect, but case law is pretty clear that people and companies are liable for damages due to foreseeable harm that they cause. (Except EULAs dodge thi…
In the next episodes: - Why so expensive? - Where did all businesses go? - Let’s create a certified secure data enclave companies! - Why so expensive still? - We can’t charge a certified company because it would damage half the economy!
Want cars not to explode when slightly rear-ended? Why are they so expensive now? Where did the car businesses go? Let's create car security companies! Why so expensive still? ...