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> Companies should be responsible for their data security. If a bank is hacked and they steal my money, the money is insured and the insurance company pays it b
by sgjohnson 5y ago
> Companies should be responsible for their data security. If a bank is hacked and they steal my money, the money is insured and the insurance company pays it back. It's the same with personal data, if a data breach occurs, the company should be insured and the insurance company should cover liabilities.
Of course, but they shouldn’t be hit with an arbitrary fine on top of that. The fine goes directly to the government’s coffers, and not to cover any liabilities incurred.
It’s kicking a man who’s already down.
> Companies who 'did the math' and it was easier for them to ignore the EU customer base were addicted to ad placement and tracking anyway, so good riddance.
Not necessarily. In most cases it just didn’t make sense for them to hire a lawyer who specialised in the GDPR (I believe they were hard to come by and expensive in the US and the rest of the world), so they just decided to HTTP 451 instead.
- Kbelicius 5y ago> Of course, but they shouldn’t be hit with an arbitrary fine on top of that. GDPR doesn't fine companies for having their security breached. > Not necessarily. Almost certainly necessary since if they weren't "addicted to ad placement and tracking" as GP put it they wouldn't have to stop and thing about GDPR.
- sgjohnson 5y agohttps://ico.org.uk/about-the-ico/news-and-events/news-and-blogs/2020/10/ico-fines-british-airways-20m-for-data-breach-affecting-more-than-400-000-customers/ https://ico.org.uk/about-the-ico/news-and-events/news-and-bl... British Airways were fined under GDPR. > Almost certainly necessary since if they weren't "addicted to ad placement and tracking" as GP put it they wouldn't have to stop and thing about GDPR. How very eurocentric.
- Kbelicius 5y agoThey weren't fined for having their security breached. They were fined for not having adequate security measures in place. Again, under GDPR you can't get fined for simply having your security breached as you claimed earlier.