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▲ vkou a day ago

The corporate reckoning will only come if there's actual consequences for any of this. There haven't been any when this was happening to one big company a month, there won't be any when it starts happening to five big companies a day.

▲RetroTechie 11 hours ago | parent [-]

Sure a run-of-the-mill data leak might not do much besides ruffle customer's feathers. But disruptions to a companies' operations can become very costly, very quickly in today's tech-dependent world.

Eg. recent Albert Heijn (Dutch supermarket chain) "cyber incident" must have cost them 10s of millions of Euros.

That's real gain for any competitor NOT having such issue. See eg. Darwinian evolution on how even small (dis)advantages can lead to species being outcompeted & disappearing.

▲vkou 7 hours ago | parent [-]

Most industries aren't in highly competitive markets, though, and many are trending towards oligopolies or monopolies. I can't speak for France, but in Canada, if this happened to Loblaws, the owners would just take it as another excuse to raise prices. Their profit margins are immense, and their competitors can't manage to eat into them or their market share.