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by kinsomo
2951 days ago
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> In practice fining companies for getting hacked just boils down to a tax, as no company wants to be hacked No, it boils down to an incentive. No company wants to get hacked, but a lot those same companies aren't willing to invest in security measures and training that could mitigate the risk. > Hacking is not a problem you can solve by passing a regulation that says "don't get hacked". I don't think anyone's proposing a regulation like that. However, it's not fair to put the costs of a data-theft squarely on the victims, when it was really the company that was responsible for securing the data. |
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It's also not even always clear what hacking actually means. A common way users get hacked is by reusing the same password on every website. One of those small sites gets hacked, the hackers try the users password at bigger sites to see if they work. Big players like Google and Facebook have heuristic systems that try to detect and block that, but sometimes they don't work.
So who's at fault then? The user for losing control of their password? The small site, probably not EU based, doesn't give a shit? Or the big guys who tried to protect the user but failed? Given the way the GDPR is being done my guess is the big guys will get taken to the cleaners even though they did nothing wrong.
Basically, you can't stop a big company from getting hacked no matter how much you spend on security.