Just the way boards of companies have fiduciary duty, there should be some of sort customer information protection duty that companies are responsible / liable for. basic security practices are being neglected at far too many companies.
Really not trying to strawman. You literally said an executive or two should be thrown in jail if their organization was breached. So which government executive would you "throw in jail" if their organization was breached?
Just the way boards of companies have fiduciary duty, there should be some of sort customer information protection duty that companies are responsible / liable for. basic security practices are being neglected at far too many companies.