> Higher ups set the incentive structures that result in dwindling security resources.
What if this isn't the problem at all? What if a company invests a huge amount in data security, but still gets owned? That happens all the time.
I don't understand why people leap to the conclusion that these events are inevitably the outcome of neglect.
> If their ass is on the line, they will actually listen to the developers and security experts telling them they are vulnerable, instead of brushing them off to divert resources that boost the reports which determine their bonuses.
Again, why are you making this assumption? But let's say, for the sake of argument, that you're right. Now we go implement some draconian, top-down "you must be secure or the C-suite goes to jail" mandate. Corporations, out of fear of liability and prosecution, lock up tight, and refuse any and all changes that might undermine their security posture. Nobody builds anything new, because why take a risk?
Expensive "security expert" consultants start appearing out of nowhere to help with "compliance" with the new rule, and companies pay for them -- because it provides a veil of responsibility for the company, even if the consultant is useless. Worse, a certain percentage of these "experts" will be hucksters (or more likely: morons) themselves, and will always tell people that "they are vulnerable", because that essentially ensures a payday. You can't prove that a system is "secure", so who can say otherwise?
If you doubt that any of this is plausible, I suggest you take a hard look at our existing top-down security rules (e.g. ISO 27000, HIPAA, GDPR, PCI DSS, NIST SP 800-88 and SOC2, just to name a few) and the bureaucratic industrial complex that has erupted around them, and ask yourself it these things actually make you safer. I guarantee that AT&T was "compliant" by any conventional IT standard with these, employed an army of IT staff to document said compliance, and otherwise invested a huge amount of money in that kind of performative nonsense. Because that's what every company does.
But they still got owned.