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Well, CCPA started doing this in California. In the event of a data breach, the company can be sued for actual damages, or statutory damages of $100-750 per aff
by lmkg 5y ago
Well, CCPA started doing this in California. In the event of a data breach, the company can be sued for actual damages, or statutory damages of $100-750 per affected consumer.
As a point of comparison: If CCPA had been in effect during the Equifax incident, the statutory damages only for California residents would have been $1.5 billion minimum. As far as I can tell for Wikipedia, the settlement they agreed to with 48 states combines to about 1/3 of that amount.
- adolph 5y agoIf a multistage class action lawsuit is settled for billions and people harmed receive only free credit monitoring gift cards, is our sense of justice served?
- bluGill 5y agoI don't care so much about justice as nobody does it again. If the lawyers make a ton once and there isn't a next time I'm happy. Well better would be it doesn't happen again