Re:US Customs Database Of Traveler Photos Was Hacked And Stolen
by jacksproit on Monday June 10, 2019 @09:08PM
(#20152322)
Some endeavors carry significant risk but the rewards are also significant. The infrastructure doesn't have to be completely dismantled because one endeavor failed (however catastrophically). Why cause more pain than is necessary?
It's no different than the same moral hazard large corporations face that we empower through cronyism and the effects are obvious, notably events leading up to the great financial crisis in the late 2000s.
Large institutions not held accountable get to take outsized risks knowing they'll always be bailed out and not held accountable. This article is one of many examples of such.