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Why does it bother you? Do you equate it with some sort subset of McCarthyism - i.e. turning the government loose on your neighbor, etc.? To me, it's more of
by turc1656 9y ago
Why does it bother you? Do you equate it with some sort subset of McCarthyism - i.e. turning the government loose on your neighbor, etc.? To me, it's more of a "see something, say something" deal. But the issue with that is that there is a substantial personal risk to doing so when one works in the industry and usually the employer they are blowing the whistle on. That means they run the risk of destroying their career (because most firms in their field will hot hire them after that)...all for "doing the right thing". That's why I think it's OK to have this incentived. There is substantial personal risk to them. It's not like reporting a suspicious bag at the airport.
- dmix 9y agoCompletely agree, the reward is a counter balance to the real-world risks. It's not some idealistic regulatory system that bets on a finite group of agents to catch malicious actors in a rapidly changing systems with millions of events each day. Nor does it create massive inefficiencies in the system by forcing every company/employee/transaction to jump through arbitrary hoops in order to verify they are legit, designed to catch yesterdays criminals. Instead of paranoid dragnets it promotes enforcement on a case-by-case basis, sourced closer to problem and by the people who actually understand the problem.