2 ms·

No, if you disclose a data breach you get a small part (1-10%) of the total liquidation of the company before it goes out to pay the rest of the claims. That

• mcny 9y ago
  > That creates an incentive for employees to cause data breaches and then disclose them for massive profit. I think this is a false premise. What is to stop an IT employee from installing Oracle database in production without a license (assuming technical leadership is incompetent like at Equifax), waiting for a bit, and going to the BSA or Oracle and saying, "hey come get your pay day". One, I think anyone with a shred of ethics won't do it and two, I think if we put the ceo AND the board in prison for the actions of the corporation and its employees (while following directions), then we create a strong incentive for corporations to be of manageable size. Now, I hear a lot from our politicians crow about how much they love small business and how much they hate "too big to fail". This will be a big boon for that. However, I am not holding my breath.