this post was submitted on 12 May 2025
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When a building needs maintenance bad enough that it doesn't pass a set of regulations, it will get closed until fixed. Maybe we need something like that for IT infrastructure
The insurance industry is filling in this gap right now for cyber insurance. They are requiring a certain level of security before they will write a policy. Try doing business with any other company without a huge cyber insurance requirement in the contract.
It already works like this. Audits perform this function. Failing a mandatory audit generally goes very poorly for financial companies. The unintended result is falsified audits - something my former company did (still does?) every year. The banks and the Fed never found out.
As well as international task forces to take down people who use borders as a means of immunity to take advantage of people.