Slashdot Mirror


The "Hidden" Cost Of Privacy

Schneier points out an article from a while back in Forbes about the "hidden" cost of privacy and how expensive it can be to comply with all the various overlapping privacy laws that don't necessarily improve anyone's privacy. "What this all means is that protecting individual privacy remains an externality for many companies, and that basic market dynamics won't work to solve the problem. Because the efficient market solution won't work, we're left with inefficient regulatory solutions. So now the question becomes: how do we make regulation as efficient as possible?"

4 of 217 comments (clear)

  1. Nothing to fear .... by Anonymous Coward · · Score: -1, Flamebait

    ...if you have nothing to hide. Haha...tell that to Iranians...or the Burmese...I'd say they have plenty to fear and hide from their governments...quite justifiably. Oh, is this offtopic? f*** offtopic moderation!!!! how's this: LINUX SUX. Geeks are responsible for fascist oppression! Now I can be a troll...cuz I trollin' trollin' trollin'...that's the way I be rollin' rollin' rollin.

  2. Schneier the capitalist by Anonymous Coward · · Score: -1, Flamebait

    Well, I see that Bruce Schneier has been indoctrinated into the "capitalism is most efficient" cult, just like every other American.

    Newsflash - there's no such thing as an "efficient" market, and capitalism is never sustainable over the long term. Markets must be managed by a strong central regulatory authority.

    So American's were completely brainwashed by the Reagan years, it's hilarious. Free markets are efficient! BAHAHAHA

  3. Re:Jews by Anonymous Coward · · Score: -1, Flamebait

    That's because you are a Jew.

    There's a reason that the whole world has hated Jews for thousands of years.

  4. Shoot CEOs and CTOs on data breach. by Seth+Kriticos · · Score: 0, Flamebait

    This might sound a bit draconian, but why not simply execute any CEO & CTO of companies / organisations that encounter major data breaches which could have been avoided (determined by an investigation)? That sure would improve the situation. (OK, large scale personal fines would also do).