> Massive fines to whom?
companies need to be held accountable for the garbage they create. peddling alpha/beta software to consumers or pushing code to production while they don't have a disclosure policy and rather purchase ransomware insurance than invest in quality-control must be forced with fines too big to ignore (make it 1% of annual global turnover _not_ profits)
secondly we need to decriminalize hackers that take down vulnerable shit. instead create a business model that allows someone like brickerbot/janit0r to take dangerous devices offline if it is known to be unpatched for x-months still. similar what the feds did with patching of the recent MS exchange exploit but more bottom-up.
finally criminalize all cryptocurrency so that they can no longer be converted to FIAT in any legal sort of way. want to use bitcoin? fine your only way to turn it into value is by buying a gift card that only is accepted by a corner shop in Uzbekistan. as another alternative that is also the other extreme, make banks adopt cryptocurrency (https://twitter.com/JoeUchill/status/1393697279941431300) so it turns into a regulated white-market while outlawing the grey areas.
taking these measures further, if you're getting pwned and do not disclose it within 1 week, or info surfaces that you paid ransom without disclosing it then your CEO and CISO bonk! go straight to jail. That would immediately put pressure into solving the boring security shit, like curating and maintaining a good quality SBOM, asset catalogue etc (... come to think of it, if inventory is missing in any org that processes PII, or you get hit by an OWASP top-10 then immediately jail time as well).
it all starts and fails with holding people responsible for what they do and make it impossible to hide behind the name of a company. salaries can be adjusted to actual responsibility people carry in the company, no more blaming the intern.
^^ the reason why any of these measures will never happen is because those who would have to enforce it are themselves corrupt and totally dependent on the broken system in order to get cover and plausible deniability for their own crimes: https://www.newsweek.com/exclusive-inside-militarys-secret-u...