3 ms·
Hmm, yeah. Just as fraud telemarketers set up a new shell run by the same principals when the legal bills come due for their old one, so we're likely to see ne
by AnimalMuppet 3y ago
Hmm, yeah. Just as fraud telemarketers set up a new shell run by the same principals when the legal bills come due for their old one, so we're likely to see new labels for a new shell company slapped on the same old insecure IoT box.
So I'm not sure "escalating penalties" is going to cut it. It's still whack-a-mole. You need a way to kill the mole, not just drive it to pop up a new hole.
You need a way to get to the principals. They're the mole.
You need to either make them personally liable financially, or you need to jail them. Nothing else is going to stop serial fraud-behind-a-shell-company.
I'm not sure I have an answer. But whatever answer there is needs to be applied not only to fraud telemarketers (please), but also to fraud IoT manufacturers/resellers.