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> Is there any company that actually protects the data that they mandate we give them? not really, no. it was "within their risk appetite"
by Citizen8396 1y ago
> Is there any company that actually protects the data that they mandate we give them?
not really, no. it was "within their risk appetite"
- 3eb7988a1663 1y agoThis is extra funny because Farmers has buildings of actuaries who could produce excellent estimates as to the risk and expense.
- SpicyUme 1y agoBut I was told "Data is the new oil', I guess that includes minimal penalties for spills.
- JumpCrisscross 1y ago> minimal penalties for spills BP et al paid “the largest environmental damage settlement in United States history – $20.8 billion – on April 4, 2016” [1]. The damage from oil spills can be clearly quantified and directly attributed. We don’t have that evidence of harms from such breaches. [1] https://www.noaa.gov/explainers/deepwater-horizon-oil-spill-settlements-where-money-went https://www.noaa.gov/explainers/deepwater-horizon-oil-spill-...