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In general that's true, but in this particular case I'm not sure it follows. This is a very infrequent occurrence, which is why it made the news. From a socie
by wins32767 5y ago
In general that's true, but in this particular case I'm not sure it follows. This is a very infrequent occurrence, which is why it made the news. From a societal perspective, further investment in security here is probably a net drag since all those security measures will also apply to every valid sale and there are vastly more of those. The pot of money that pays out to victims of fraud doesn't make those people whole, but it's enough to solve the problem well enough that it's probably reasonably close to a global minimum in terms of total cost across everyone in society. For those that are concerned about the personal risk, being able to do your own monitoring is a nice enhancement.
- lazide 5y agoIt is a infrequent yet catastrophic risk however for everyone that owns any land or property in the UK - and it would definitely keep me up at night if I had any property there!
- blitzar 5y ago> it would definitely keep me up at night if I had any property there If that would keep you up at night, then given all the actual dangers in the world you have never slept.