Re: OT: Australia may allow punitive damages for security vulns

[Stefan Wollny]

>> one way to look at the explosion of software development in the past  
>> 30-40 years is that it is an industry lacking sufficient regulation and  
>> thus a very lucrative area to do business. because there is no  
>> regulation you can get some random idiot in whatever country to write  
>> your code and there are no repercussions if the code blows up after you  
>> sell it someone else, you cannot be held liable for using second-rate  
>> labor to build your product.
>
>> 3) Even the best tested and mathematically proven software (think IBM space
>> shuttle code) has bugs.  I forget the exact cost because I don't have the
>> paper nearby but the per line cost of the shuttle code was astronomical!  If
>> all software cost as much per line, no one would own a computer, except
>> maybe governments and multi-billionaires.
>
>http://www.jstor.org/pss/1879431
>
http://en.wikipedia.org/wiki/The_Market_for_Lemons