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Wait, what? No, regulations do not incentivise bad security practices at all. In fact, they are one of the only tools to enforce good security practices.
by plaguepilled 4y ago
Wait, what?
No, regulations do not incentivise bad security practices at all. In fact, they are one of the only tools to enforce good security practices.
- robocat 4y agoSorry, I was unclear. I am all for good regulations - they are vital for a well functioning society. However, there are plenty of bad regulations that have perverse outcomes. There are also plenty of regulations due to regulatory capture where the regulations help an incumbent and hinder new entrants. Watch Intuit protect their income at the expense of tax payers. In New Zealand, there are plenty of horrifically inefficient health & safety regulations, because who can argue against saving a life at any cost? I am against bad regulations that cost society too much without giving enough benefit.