4 ms·
It's a slap on the wrist. 100x this fine would have been appropriate. Anything less just encourages other companies to treat privacy and data security as a jo
by headmelted 5y ago
It's a slap on the wrist.
100x this fine would have been appropriate. Anything less just encourages other companies to treat privacy and data security as a joke.
- jacquesm 5y agoLook at repeat offenses and how fast they go up. Level 1: don't do this, or we'll fine you. Level 2: here is your first fine, don't do this again or we'll fine you for real. Level 3: Ok, you clearly need something that will move the needle, here is fine you can't ignore. Level 4: you ignored it again, here is a fine that will put you out of business. So far we've only seen level 2 and one or two level 3 fines. Nobody has thought it wise to test the next levels up, it's a bit like the GPL in that respect.
- bcrosby95 5y agoThat would be more than the full value of the company. Seems a little steep for the first fine.
- headmelted 5y ago€650 million does not seem steep at all for the offence, given the consequences for those involved. It’s not supposed to be a tax, it’s supposed to be a disincentive.
- drstewart 5y agoExactly. Strict penalties work. Make the death penalty the punishment for every crime and there will be no more crime! Brilliant!
- headmelted 5y agoright!?!? Yeah I take your point. €6.5m still seems too low to me to disincentivize though.