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The concept of Moral Hazard is important here, which basically states that there is a lack of incentive to guard against risk where one is protected from its co
by andreilys 5y ago
The concept of Moral Hazard is important here, which basically states that there is a lack of incentive to guard against risk where one is protected from its consequences.
In a lot of cases the execs of these companies will continue to collect a large bonus, despite the fact that they utterly failed their customers.
- hellbannedguy 5y agoTieing the CEO pay to attacks should be as common as Poison pills, Golden Parachutes, and Stock incentives. Backups, and strict security, might be important? Put security right up their as important as their rediculious salaries.