Seems like it will be hard to get firms to improve till we all come to grips with this and sort out how to make firms responsible for their negligence, don’t you think?
Read why Josephine Wolff says that it is very hard to punish companies, especially big companies for data breach on The New York Times :
What happens to the companies that allow our personal data to be stolen? In most cases, nothing. Sometimes there is a short-lived flurry of bad publicity, a brief dip in stock prices, a class-action lawsuit or a Federal Trade Commission investigation that leads to a token settlement or fine. Facebook is unlikely to face any serious, long-term consequences as a result of a security breach it announced last month, which exposed the account data of 50 million users.
Read her full article here.