Securities is not a priority or even medium priority for most startups and even worse government because in some countries, they are just moving from paper to online
Security seems like it needs to be solved at the governmental level with more effective prosecution. I don't imagine that stores would hold up well against physical theft without state protection. Can companies/smaller governments realistically either?
This sounds extremely authoritarian to me. Today, if the state wanted to shutdown the internet backbone, they can by the same means you're alluding to - physical raid at all backbone infrastructure of the internet. That's as much government authority as I am willing to accept.