[rafram]

You’re describing a system where taxpayers foot the bill for data breaches.

[wry_durian]

That's exactly backwards. In the current regime, it's precisely the billions of people who are affected by data breaches (and who happen to be taxpayers!) who are footing the bill.

[matheusmoreira]

Not at all. Make the guilty corporation pay for all of it.

[folkrav]

We already are in a system where we foot most of the consequences.