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a steep climb in the short term that falls off a cliff in the not-so-short-term as those employers cease to exist.

That's not how the world works my friend.

so long as encryption-as-we-know-it holds-up, there's no rescue for orgs that repeatedly get hit and can't get their backup strategy together. Sure, you make a regulatory mis-step and you have friends in high places, they will look the other way. This indeed, is how the world works. If your entire infrastructure is encrypted into a solid block of nothingness it doesn't matter if your dad is a senator, you're done.

Name a single company that has died due to data breaches.

Meanwhile, I'll name a dozen that got breached/leaked data, and got away with it: Experian, Microsoft, Facebook, Google, Marriott, Yahoo, First American Financial Corporation, Deep Root Analytics, Court Ventures (a subsidiary of Experian), Capital One, Anthem.

Go on, search "list of largest data breaches" and then see how many of those companies are still in business.

It sure seems like large companies aren't suffering for their breaches.

"breached data" doesn't matter to companies, as we've seen. "gone data" is an existential threat.

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