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I'm sorry, given that nothing reasonably close to this has happened already even though it should have, what makes you think it will now?
by jrm4 1y ago
I'm sorry, given that nothing reasonably close to this has happened already even though it should have, what makes you think it will now?
- MattPalmer1086 1y agoNot sure what you're getting at. We already have a bunch of laws and regulations. And misreporting your cybersecurity is already securities fraud! https://www.sec.gov/newsroom/press-releases/2023-227 https://www.sec.gov/newsroom/press-releases/2023-227
- jrm4 1y agoI'm not aware of "a bunch." But to the extent that we do, they are toothless. In the space of relatively large/noticeable companies, there has not been any remotely significantly deterring punishment handed out to those who got cybersecurity wrong. E.g. - Microsoft should be BILLIONS down; Crowdstrike should quite literally no longer exist if the punishments were remotely close to the "crime."