If society can't trust banks and other institutions to safely control their data, what follows ?
Do we we collectivelly switch off the internet?
I was working at the fruit company when they just hard stopped people from recovering their fruitcloud accounts via phone support due to social engineering.
Social Engineering risk just increases the burden on the consumer/internal support services. The risk is that not everyone has pulled up stumps to protect these services. After a few high profile fuck ups they will. The herd loses 2 beasts and the rest wander away from that water hole.
Its much like how after bitlocker we dont have user access to backup server disks anymore. The lesson was learned and we moved on. Lots of high profile fuckups but we dont get those anymore. CTO's were forced, basically at gunpoint, to adapt or die.
But the idea that we'll squash all of the critical vulns is simply nonsense, despite the weird Firefox blog posts that indicate otherwise.