Holding Companies Accountable For Privacy Breaches
bits.blogs.nytimes.com
bits.blogs.nytimes.com
Coming up soon: Amazon Web Protection Services
"Christina Gagnier, a lawyer specializing in privacy and copyright, said in an interview last week that there wasn’t enough legislation to protect people online."
And to hell with innovation, lets make more laws that insure lawyers get paid more.
If things were only depended on lawyers and privacy fundamentalists we would still be living in the middles ages (EPIC contested that Gmail was illegal when launched).
Edit: To make my point less pedantic: your argument, as you have currently phrased it, is every bit as alarmist as those you disagree with, just in the opposite direction. It's like appealing for calm by calling the people you disagree with whores. At best, such a tactic undermines itself.
Actual discussion:
It is self-evidently true that fines for data breaches would discourage companies from allowing more data breaches. You have countered this by saying such a policy would harm innovation. The snarky response would be that harming innovation in the realm of data breaches is exactly what we want to do. A less snarky response would be to ask you to provide any evidence that investing in proper network security would have made Sony less innovative in any measurable way.
Only if you point me to anyone making the case that innovation relies on privacy breaches.