The end result of this is that the number of software companies drops by 99.99%. Does your company run anything on Linux? Too bad, there are vulns in the kernel and now you are fined into the ground.
The realm problem is the inevitable regulatory capture that occurs in every market with even an ounce of complexity.
Given the number of high profile breaches we see every month, I definitely think we're due for some consequences.
We deserve it. Though of course others deserve it more.