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I think the article has a point – as a further comparison, lets assume that there's no malicious intent, but if a bank's API has an bug allowing a hacker to dra
by fiiv 8y ago
I think the article has a point – as a further comparison, lets assume that there's no malicious intent, but if a bank's API has an bug allowing a hacker to drain bank accounts, is that any different than if a vault designer accidentally forgot to secure the ventilation shafts allowing some movie-like bank robbers to break in there and steal priceless diamonds in the middle of the night?
We regulate banking heavily though, including insurance. Perhaps we demand oversight in those sectors we deem as important (banking, health, utilities, etc) the same way that we do for physical manifestations of those things. More so, perhaps, than some hacker & founder building an app to convert different cities' time zones for example.