But information security elements such as a simple password protection of your wallet were and are still completely ignored.
The IOTA Wallet is protected with an 81 character long password. Is that not enough for you?
That is not a password, it is your private key. But nice that you mentioned it, proves only that you guys are not aware of the design flaws and immanent danger to lose all your money.
Maybe the design flaw is your stupidity? The iota wallet and network however are secure. You can't blame iota if you disclose your private key