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A comment on FTC Takes Action Against GoDaddy for Alleged Lax Data Security. Parent comment

Re:FTC Takes Action Against GoDaddy for Alleged Lax Data Sec... by robertlagrant on Tuesday January 28, 2025 @04:54PM (#42858549)
> Then you get people on HN shouting "regulatory capture!" and "stifling innovation!"

You phrasing it like this is not a substitute for explaining why it wouldn't be those things.

Also, the most obvious thing is: if you're a healthcare provider, you would probably hire some hackers to go after your competition, and let heavy-handed fines take them down. Much easier than providing better value.

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Re:FTC Takes Action Against GoDaddy for Alleged Lax Data Sec... by terribleperson on Tuesday January 28, 2025 @11:23PM (#42861494)
Wouldn't that strongly incentivize companies to secure their data better, thereby achieving the goal?
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Re:FTC Takes Action Against GoDaddy for Alleged Lax Data Sec... by robertlagrant on Wednesday January 29, 2025 @06:25AM (#42863767)
It might achieve that goal, at the too-high expense of other things.
[ Parent | on HN ]