this post was submitted on 22 Jan 2024
603 points (97.8% liked)

Technology

59589 readers
2891 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

I just got the email from haveibeenpwned. F Trello.

you are viewing a single comment's thread
view the rest of the comments
[–] fine_sandy_bottom@discuss.tchncs.de 165 points 10 months ago (36 children)

Obligatory: companies should face harsh penalties for this stuff.

[–] ChrislyBear@lemmy.world 50 points 10 months ago (2 children)

They do, in the EU. If you fuck up your customer's data, you'll face fines consisting of hefty percentages of your yearly revenue!

[–] far_university1990@feddit.de 19 points 10 months ago (1 children)

https://www.enforcementtracker.com/

Yep, hefty. Top 5: 1.2B meta, 746M amazon, 405M meta, 390M meta, 345M tiktok (all in €).

[–] JustEnoughDucks@feddit.nl 4 points 10 months ago* (last edited 10 months ago)

Oh noooo, 1% of their yearly gross revenue or 1.3% of their yearly gross profit. What a fine!

Side note: I would love to discover a public record of them paying these fines... we hear they ate fined, but never that they had to pay them. What is stopping them from cutting a deal of a payment plan over 20 years with 0% interest or full up front but only paying 30% of it or some lobbying BS.

We can infer that for sure this fine is coming out pre-tax.

load more comments (33 replies)