Earlier quoted context omitted.
Even the threat of death penalty doesn't stop crimes. True, if there is no punishment and a threat is teethless nobody acts on it (that's why the big GDPR outcry also came only this year after the two year introductory phase) However if you have too high fines what happens s that companies try everything to hide the fault and lie to avoid the fines. Here a company complied to all things, improved security (which acco…
There is a significant difference between deterring personal crimes (e.g. robbery at gunpoint, carjacking, murder) and deterring 'economic crime'. Some examples of economic crime would be: not implementing security, tax fraud, overweight freight trucks; speeding to make a delivery on time (whilst on the clock). The first kind of crime is generally made by people who 'know they are wrong, but they feel like they don't…
On the comparison with overweight trucks: I doubt anybody builds an insecure system to gain an economical benefit, not using state-of-the-art technology is a mistake/stupidity/carelessness/.... "See how much money we earned from saving CPU time of bcrypt!" nobody said.