this post was submitted on 09 May 2024
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These companies should be forced to pay big money to each and every person affected by these breaches. Not like $120. Like $10,000 per. Teach them real lessons
I agree. Even at $120 each. 120 times tens of millions is serious fucking cash. We need to have a couple of big companies go bankrupt over this shit. Then maybe they will start taking it seriously. Perhaps at that point maintaining personal data on people will be seen as a liability rather than an asset. And that's what we really need.
Yep data protection should be life or death. Either that or make the executives personally responsible ie the fines come out of their pockets
Yup. We need more of the corporate death penalty. And when corporations are so big that 'killing' them would harm the economy, I argue we're back to too big to fail. Maybe the answer is giant fines, and if the company can't pay, wipe out the largest shareholders and then resell the stock over time. Make people's personal information a giant hot potato that nobody wants to be holding.