4 ms·
The best solution to privacy is serious liability for losses of private customer data. Leak or lose a customer's location tracking data? That'll be $10,000 per
by api 2y ago
The best solution to privacy is serious liability for losses of private customer data.
Leak or lose a customer's location tracking data? That'll be $10,000 per data point per customer please.
It would convert this stuff from an asset into a liability.
- nyc_data_geek1 2y agoThis exactly. Data ought to be viewed as fissile material. That is, potentially very powerful, but extremely risky to store for long periods. Imposing severe penalties is the only way to attain this, as the current slap on the wrist/offer ID theft/credit monitoring is an absurd slap in the face to consumers as we are inundated with new and better scams from better equipped scammers everyday. The current state is clearly broken and unsustainable, but good luck getting any significant penalties through legislation with a far-right government.
- Terr_ 2y agoYeah, take an externality, make it priceable, and then "the market" and amoral corporations will start reacting. Same principle as fines for hard-to-localize pollution.
- dylan604 2y agoAll of these claims for serious fines, yet no indication of where the fine is to be paid. Fines means the gov't is getting the money, yet the person whose data was lost still gets nothing. Why does the person that was actually harmed get nothing while the gov't who did nothing gets everything?
- oxide 2y agoEven better - give the customer the $10k.