Security News > 2020 > January > Spanking the pirates of corporate security? Try a Plimsoll
2020-01-16 10:00
At the time of writing, more than two weeks after the lights went out, our hapless company remains a ghost ship.
Travelex is a financial company and thus works in a sector more heavily regulated than most.
So what could a regulator do in more civilised times to achieve the same balance? Samuel Plimsoll, a 19th century Liberal MP, had the answer - his eponymous Line, a diagram drawn on the side of a ship that showed the maximum displacement for various sea conditions.
Apply the same principle but with regulatory force to companies providing any service, and we have a digital Plimsoll line.
The regulator pays me my bounty, and fines the company - at this stage, a small amount, more a speeding ticket than anything else.