I think I wish there was a fine per customer per data item when a data leak happens. That it was 3x if it is discovered the company didn't report it in a timely

I think I wish there was a fine per customer per data item when a data leak happens. That it was 3x if it is discovered the company didn't report it in a timely manner and that it was high enough that companies would be reluctant to collect the data in the first place. not sure what unintended consequences there would be.