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Vendors should not be liable for their security flaws

A coworker suggested that corporations should be stripped of limited liability. The idea would incentivize stockholders to only invest in “safe” companies, he says. Who would invest in unlimited liability corporations? You’d end up with fewer corporations, fewer jobs, and less innovation. There’s no such thing as perfect software. Even one of the strongest proponents of software vulnerability liability, Dr. Daniel J. Bernstein, has seen hackers uncover security bugs in his software. But he is imperfect. Few people in the world have the security skills that DBJ has.”]

Source: https://www.csoonline.com/article/2617937/vendors-should-not-be-liable-for-their-security-flaws.html

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