As someone with 20+ years experience in IT/DevOps/Cloud/whatever, I disagree.
They would simply need to actually use the security that is already there. Data leaks that happen due to lack of "very good security" are extremely rare. In almost every case, someone was doing something very stupid that everyone already agrees is a very obvious thing to not do.
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> In fact companies would go out of their way to not store any of your data.
The companies that already use existing IT systems, as they are already designed to be used, have no problem protecting customer data and not leaking it. The companies that can not properly hire our outsource competent IT people shouldn't be storing data in the first place. Commerce is subject to regulation, due to human nature, and different regulation is needed today.
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> and insurance to cover themselves in case they do lose your data
I would prefer that this kind of insurance not exist.
As someone with 20+ years experience in IT/DevOps/Cloud/whatever, I disagree.
They would simply need to actually use the security that is already there. Data leaks that happen due to lack of "very good security" are extremely rare. In almost every case, someone was doing something very stupid that everyone already agrees is a very obvious thing to not do.
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> In fact companies would go out of their way to not store any of your data.
The companies that already use existing IT systems, as they are already designed to be used, have no problem protecting customer data and not leaking it. The companies that can not properly hire our outsource competent IT people shouldn't be storing data in the first place. Commerce is subject to regulation, due to human nature, and different regulation is needed today.
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> and insurance to cover themselves in case they do lose your data
I would prefer that this kind of insurance not exist.