Editor’s Note: As CRE pointed out over five years ago, cyber regulation through litigation is not cost effective. CRE continues to advise companies on how to protect themselves from both cyber-attacks and the plaintiff’s bar. See here, here, and here.
From: The Washington Post
To regulate Silicon Valley, follow the path we took with the auto industry
By Andrew Keen
SANTA ROSA, Calif. — In 1965, Ralph Nader published “Unsafe At Any Speed,” his bestselling exposé about the mortal dangers of cars without seat belts. Poorly designed cars had, Nader showed, increased the deaths on American roads by 38 percent between 1961 and 1965. The economics of what he called “highway carnage” were equally appalling, costing America more than $66 billion in today’s dollars in property damage, lost wages, and medical and insurance expenses.