AT&T bought back a ton of shares of its own stock in March. It's likely that shareholders won't feel the effect of this security breach because of those buyback

AT&T bought back a ton of shares of its own stock in March. It's likely that shareholders won't feel the effect of this security breach because of those buybacks (over a medium term time window). How about instead of even more meaningless standards without teeth that don't affect the people pushing for profits over essentials like security, regulators impose punishments that actually affect the investors that ultimately create these perverse incentives in the first place? Nobody should be profiting off of a company that does wrong by over a hundred million people.