I believe I implied that. Regulation to some degree is necessary but with the assaults on our privacy and being hacked in ridiculously simple ways that needs to have some associated degree of pain. If a company loses your PII the FTC comes in and says "bad company" slaps them on the wrist with a fine and they go and promise not to do it again. In the meantime the victims are left scrambling around to recoup their credit ratings and lost assets without any assistance. That's one dimension to this problem. The other has to do with the assault on our privacy from all angles even if it isn't being hacked. You should have a constitutional right to privacy regardless of the media used, where it's stored or to whom it's conveyed. That means the Feds shouldn't be allowed to create back doors into systems, weaken encryption or deny it's use to anyone, for any purpose.
I'm for a free market but yes, sometimes you have to put some reins on to at least set some boundaries on how or what is put out there. A lot of this is fundamental consumer protection and I'm not talking overarching laws that turn us into a nanny state but shit if you're $40K car can be stolen with a couple of pulls on a parking break then that's a pretty big CPS issue.