> That is a bit broad.  Are you speaking of any and every company?  Are we 
> talking about just ecommerce or security of every kind?  Or was that just an 
> analogy of how ridiculous it is to expect average Internet end users to be 
> able to completely lock down their house and all their electronic systems 
> from any and all possible outside attack or intrusion?  If so, then yep.  :)


Ok first off let me apologize for both top-posting and double posting,
I sent that from my tablet (a B&N Nook), and the tablet is a bit
quirky and twitchy.

My point was simply that if you are storing personally identifying
information and that information becomes compromised, there needs to
be serious repercussions.  A "whoops sorry, call your friendly local
credit monger err monitor", just doesn't cut it.  There needs to be
liability and it needs to be established and enforced.

On the other hand, if a company is following industry best practices
for the handling of sensitive information and still ends up being
compromised, I don't believe that there should be repercussions, since
industry does tend to do a pretty good job here.  Industry here
meaning the companies tasked specifically with dealing with sensitive
information.  For instance PCI-DSS is a current best practice industry
standard for anyone dealing with credit card data.

So to sum up, I am not advocating for a federal security standard.
Merely a law that says something to the effect of "If you do not
follow and maintain current industry best practices for the handling
of sensitive data, then the corporate veil can be pierced and you as
an executive can become personally, criminally and civilly liable just
as if you had aided and abetted the criminal yourself"

This only applies to companies that want to store personally
identifiable information, such as name, social security and/or credit
card numbers.

I think adding personal liability at the executive level, makes it a
bit more threatening.
Decision makers tend to tread lightly, where the veil is thin.

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