The airline is not declaring it lost and does not offer compensation. As usual with contemporary customer service, you only get non-answers and it becomes increasingly hard to talk to a human being that's directly involved with your issue.
In my experience (which led me to pay for luggage insurance) the airlines are cooperative about loss/damage provided that the luggage is insured with someone else or with a documented value from before the trip. If not — if you tell them after the fact that an absent suitcase was valuable and they're on the hook — they'll drag their feet endlessly.
It took me ten months to give up, gnash my teeth and take out insurance, so if your experience will be like mine you have another eight months of frustration ahead of you. It sucks.
Reminds me of the game Capitalism[0] where the player was incentivized to achieve monopoly in markets by selling below-cost, subsidized by the other parts of the business. Vertical integration was also highly encouraged.
It is (was) a thing, the idea works exactly the same way. Person A deposits $100, bank lends $90 to B, $10 goes to reserve (if 10% reserve rate). System thinks there is $190 instead of $100, so money is "created".
Exactly this. Security is more about about defense-in-depth, incident response and recovery planning.
Personally, I assume the hardware is already compromised and plan for recovery accordingly, starting with the worse case scenario. Then, I ask myself "If this thing isn't compromised yet, how can I help it stay so?", starting probably with the network access, through firmware, all the way to the browser.
