alt Hacker NewsThis is a little harsh. What about requiring companies to carry management liability insurance? Or to list individual managers on cybersecurity insurance policies? Premiums will rise when a company employs managers with claims history. Eventually, it becomes difficult to employ them in key positions if they have a bad track record.
Replies
if you hold people liable, then they will want liability insurance.
what's the point of liability insurance if youll never be held liable?
Could we not keep the same "harsh" plan, and then let others provide and purchase such insurance on their own? Why does the insurance have to be mandated?
Who receives the payouts of those insurance benefits and how would one go about making a claim?
This is data that will be relevant for every single victim for decades to come and they will pay for this regularly, and it cannot be undone.
What amount per person is acceptable for a thing that simply should never happen?
I don't think "this will ruin my and my bosses life"-levels are over the top at all. Don't wanna risk it, then don't store the data. Usually for most purposes it would be e ough to store that yes, someone has a legit drivers license, which types of vehicles it is for and how long it is valid (if there is a limit).
We don't get to this kind of data reduction if people don't see data as the liability it sometimes is for their customers.
Holding actual people liable sounds like a more effective option. The insurance would just be included into the cost of doing business and make everything more expensive. Insurance makes everything worse.
Holding actual humans liable (with appropriate levels of harshness) would make actual humans more likely to take preventative steps. Holding shareholders somewhat liable (maybe extra taxes on sales of a companies stock) might be useful also.