Dragon-Dancer Dragon-Dancer:
Unfortunately most privacy laws still don't have enough teeth to properly encourage compliance. There are so many people out there who don't pay much attention to protecting their own privacy when on the net that it's bad enough but when businesses on the net aren't held properly to account for serious violations of written law then we're just compounding the problem.
This doesn't absolve the hackers for seeking to steal other people's data but when your security is shown to be lacking once don't compound the problem by not fixing the issue it before going back online!
To have one password for every site and bank account you log into is not only lazy it's imbecilic and we shouldn't legislate vs stupidity. There is some onus on the consumer but in the same token more and more of modern civil society is now demanding services be supplied on the web and there should be a minimum standard of performance and guarantee of protection of privacy rights. If major institutions are going to be accessible on the web they also will have to adhere to a set standard. That means keeping current with security, having a set protocol when privacy is breached and educating their clientele of what can and can not be expected over the web. A sort of BBB or guild for the web that would register sites, verify security and ensure adherence to a set protocol.
Right now if your security is compromised the only thing you can do is contact the police, who may or may not share that info federally or provincially let alone commercially. Your directed to sites like
phonebusters and to the credit rating agencies like Equifax so that they (for a fee) will watch your credit history for any unusual activity on your account. However not all credit bureaus are the same and none are geared specifically towards cyber crime and ID theft.
Right now it's the wild west still on the web when it comes to commerce. There was a big uproar when people started banking online that things like this would happen and that awareness has worn off with complacency. Lolsec has rung the bell but will there be anyone awake to hear it?