This doesn't make any sense. Capital punishment has existed since forever - yet the fact that they are still carried out means that they are not stopping all of the crimes punishable by death.
Either way, there needs to be far stiffer penalties levied against companies who don't secure their systems better and lose sensitive customer data.
For context, I'm very likely in this breach, but it wouldn't make me any happier to hear T-Mobile was shut-down tomorrow.
And a corporate dissolution isn't the outcome. The outcome is that T-Mobile goes into bankruptcy, with its customers as the debtors. The outcome of that is that a bankruptcy court divides up the assets to maximize payout to you.
Most likely, this means:
- T-Mobile, as an entity continues to exist, as-is..
- Shareholder value is wiped out...
- And handed to customers, as the customers become shareholders.
T-Mobile has a 180B market cap, which probably means you acquire stock worth a grand or so.
Right now only the company is accountable as if it’s some sort of living creature, and the penalty is always money. Which as you aptly put, they have in abundance!
Let’s not pretend there isn’t a deterrent.
[0] - https://www.google.com/amp/s/www.businessinsider.com/breivik...