Absolutely. But the penalty does modify the cost-benefit analysis. If a hacker demands $5m or else they will release stolen data, you might be more inclined to YOLO the 5 mil on the 1% chance they’re an honest hacker if the penalty for the breach is $50bn.
If the data is breached, won’t we find out anyways once they start selling it?
Absolutely. But the penalty does modify the cost-benefit analysis. If a hacker demands $5m or else they will release stolen data, you might be more inclined to YOLO the 5 mil on the 1% chance they’re an honest hacker if the penalty for the breach is $50bn.