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A comment on Schneier: It's Time to Regulate IoT to Improve Cyber-Security. Parent comment

Re:Schneier: It's Time to Regulate IoT to Improve Cyber-Secu... by cobbzilla on Wednesday November 15, 2017 @10:47PM (#15710133)
If a manufacturer engages in fraud and is caught, they would (a) be subject to criminal penalties for insurance fraud and (b) it would become very difficult or expensive for them to acquire insurance in the future. These two negative consequences serve as a strong deterrence against fraud.
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Re:Schneier: It's Time to Regulate IoT to Improve Cyber-Secu... by heavenlyblue on Thursday November 16, 2017 @06:52AM (#15711958)
What I mean is that the buyers of the products would be incentivised to damage the products (or even themselves) since the manufacturers are paying for their premiums.
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