As someone who lived through the days when encryption technology was highly regulated, I am seeing parallels.
The Open Source cows have left the Proprietary barn. Regulation might slow things. It might even create a new generation of script kiddies and hackers. But you aren't getting the cows back in the barn.
"We also discuss the limitations of statistical significance as an effective method of measuring model risk"
Seriously?
So if you assume they wrote the paper after doing their work, and not before, the sentence makes perfect sense: the work is already done, there is an effect size cutoff for statistical significance, and they didn't reach it.
One of Andrew Gelman's frequently-mentioned points is that a statistical significance filter in publishing means that published effect sizes are almost always wildly overestimated, precisely due to this effect.
The fearmongering is its original, primary purpose. The lab work was always secondary to that.