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The fines aren't the same. They scale with damage entity and company turnover. See art. 83 of GDPR: https://gdpr-info.eu/art-83-gdpr/ https://gdpr-info.eu/art-8
by noisem4ker 5y ago
The fines aren't the same. They scale with damage entity and company turnover. See art. 83 of GDPR: https://gdpr-info.eu/art-83-gdpr/ https://gdpr-info.eu/art-83-gdpr/
- mrjin 5y agoStill not scaled enough. Those fines might be staggering to a small company, but for those giants, might be less than 0.5% of net profit. So you can see that Apple/Google/FB etc.. were fined for billions but they simply paid the fine and continue to do what they were doing. The reason behind is actually pretty simple: fixing those problems would probably costing them more.
- Nextgrid 5y agoIn practice, the few fines that were issued were nowhere near enough.