Putting yourself in “the same class as the largest possible number of people” probably means you’d be putting yourself into a group with a bunch of poor security practices, no? Consider the median technology user (and median worker, median voter, etc).
Re: institutional recourse, major security breaches already occur often these days—see Equifax breach—and payouts/settlements are often small. I think in the case of the Equifax breach specifically, something like 150M people were affected and the payout was just ~$400M, or around $3 per user.
Even at three orders of magnitude, or $3000 payout per person affected, the tradeoff appears suboptimal. Better to apply stringent security practices now imo, like Yubikeys etc.
Putting yourself in “the same class as the largest possible number of people” probably means you’d be putting yourself into a group with a bunch of poor security practices, no? Consider the median technology user (and median worker, median voter, etc).
Re: institutional recourse, major security breaches already occur often these days—see Equifax breach—and payouts/settlements are often small. I think in the case of the Equifax breach specifically, something like 150M people were affected and the payout was just ~$400M, or around $3 per user.
Even at three orders of magnitude, or $3000 payout per person affected, the tradeoff appears suboptimal. Better to apply stringent security practices now imo, like Yubikeys etc.
Sounds about right. I think it was a pretty dumb thought a day later.