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I say companies should pay a painful fine for all data breaches no matter what. They'll have to buy insurance against it, and the insurers will eventually learn
by sopooneo 8y ago
I say companies should pay a painful fine for all data breaches no matter what. They'll have to buy insurance against it, and the insurers will eventually learn to price the risk properly. And it will also be in the insurers' interest to learn how to audit their client companies.
- TeMPOraL 8y agoYup. Take GDPR. It doesn't try to price user data. If you screw up real bad, it just says, "up to €20 million, or 4% of the worldwide annual revenue of the prior financial year, whichever is higher".