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by roc
5410 days ago
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> "it seems like there's nothing America can do to defend itself." We could consider a legal requirement to disclose security breaches. If every firm that failed its customers had to admit it to the market, I would think financial pressure would move us toward more effective security fairly quickly. |
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http://en.wikipedia.org/wiki/Security_breach_notification_la...
It has to be considered that effective security has significant costs financially and non-financially. (An example of a non-financial cost is a overly difficult registration process for a web application that requires long, complex passwords with multiple security questions and answers.)