While simultaneously degrading the value of employment to any of these conglomerates.
This is the same reason you want well paid politicians and FBI staff.
This is the same reason you want well paid politicians and FBI staff.
The intrinsic overlap of incentives and strengths between utility providers and identity verification organizations (whether private or public) is minimal, and I suspect extrinsically forcing them into that role can't end well either.
Also as others have commented, even well paid people do shady things. TFA isn't an endorsement of higher wages, it's a denouncement of our terrible collective security and authentication protocols.
Yes. Parent comment is literally completely backwards - we've seen from Wall Street that paying people extremely well leads to corruption.
High pay has the opposite effect. Things that work include oversight, transparency, audit logs, removal of human processes, active anti-corruption investigation, and the like.
Slap some actual consequences and you'll see better results.