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How about something like HIPPA (in the US)? There are strict penalties for violations, but it hasn't prevented small companies from thriving, provided they comp
by craftyguy 9y ago
How about something like HIPPA (in the US)? There are strict penalties for violations, but it hasn't prevented small companies from thriving, provided they comply with the act..
- dfee 9y agoWhy do you think the small guys comply? The calculation that I’ve heard made is that by being a tiny fish you won’t be pursued. Even better question, why do you think the big companies comply? I’ve seen some egregious compliance snafus at that level, too.
- woodandsteel 9y agoCompanies comply because they are in the health care business, that is how they make money, and HIPPA doesn't stop them from doing that. But Facebook is in the data collection business. If it complied with a strong data privacy law, it would go out of business, so it wouldn't.