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submitted 8 months ago* (last edited 8 months ago) by syd@lemy.lol to c/technology@lemmy.world

I just got the email from haveibeenpwned. F Trello.

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[-] fine_sandy_bottom@discuss.tchncs.de 161 points 8 months ago

Obligatory: companies should face harsh penalties for this stuff.

[-] ChrislyBear@lemmy.world 50 points 8 months ago

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 18 points 8 months ago

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 7 months ago* (last edited 7 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.

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

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