![]() ![]() And every week we seemingly learn nothing from the experience.Ĭase in point: Marriott revealed the company had been compromised for the third time in the last seven years or so. This is all made possible because we’ve intentionally underfunded and understaffed FTC regulators in charge of privacy, refuse to pass even a baseline modern federal privacy law, and have, time and time again, prioritized wealth accumulation over the health and safety of consumers and markets alike.Įvery week there’s a hack, scandal, or breach that proves the point. ![]() They might even have to throw a few bucks to class action lawyers, pennies of which will wind up in the pockets of the actual victims.īut the most likely outcome for Company X is a day of bad press, a half-hearted mea culpa, and providing some free (and often useless) credit reporting for a year. If they’re extremely unlucky, they might get a wrist slap fine from an over-extended FTC or state AG. ![]() If you’re not, you’ll find out about the breach years later.Ĭompany X might get a few days of bad headlines that are quickly forgotten in an era of percussive catastrophe and short attention spans. If you’re lucky, Company X comes clean about its failures, whether it’s a hack or just leaving customer data openly accessible on an unsecured Amazon cloud bucket. Company X over-collects user data in the hopes of monetizing it, then does a poor job securing it or giving their customers control over it. ![]()
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