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If Marriot are caught again they can expect a far larger fine. The board should be planning some proper security. A £50m capital budget and £5m a year revenue

If Marriot are caught again they can expect a far larger fine. The board should be planning some proper security. A £50m capital budget and £5m a year revenue should be good enough.

DocTomoe 7y ago
Or they could set up an insurance fund for that kind of fine for similar money, and eventually that fund would be less expensive. After all, you don't have such a leak every other week.
- isostatic 7y ago
  If they make no attempt to improve their security I suspect the next incident will cost them $800m. Be interesting to see who will insure them against that.
  - filoleg 7y ago
    When the parent comment said "they could set up an insurance fund", I believe they didn't mean a literal contract with an insurance company, but a straight up savings fund set up by Marriott to be used in the future specifically for expenses like that.
    - isostatic 7y ago
      That's still self insurance, and it's still going to hit them for $800m next time they have a leak. Will have to be a big fund.
      - filoleg 7y ago
        Of course. My comment was mostly directed towards the "interesting to see who will insure them against that" part.