Technology

59123 readers

2290 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

148

Grindr faces massive fine for allegedly sharing “sensitive” user data (www.lgbtqnation.com)

submitted 3 months ago by [email protected] to c/[email protected]

17 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 19 points 3 months ago (9 children)

Six mill lol what a joke

[–] [email protected] 12 points 3 months ago (8 children)

Yeah fines for corporations should really be a percentage of yearly revenue, ideally no less than 10%. The current system is ridiculously outdated and has no impact whatsoever.

[–] [email protected] 8 points 3 months ago (1 children)

Fines as a percentage of income is a good idea for individuals but I dont think it works for coorperations.

A more reasonable approach is:

100% of the money they earned/saved by comiting the crime
100% of all damages caused to other people/cost to clean up results of the crime (includes the cost of investigation and prosecution)
a fine that represents the likelihood of getting caught. (If the crime earns me 1mil, the fine is 50mil but I only have a 1% chance to get caught, statistically I should commit the crime as many times as possible because I will end up wining in the end)
(optionally) a fine based on the crime. This one might be based on the size of the company. This is the "punishment" part. It probably should be payed by the individuals responsible and not the company.

This third point is the important one. Cooperations comit crimes because they are reasonable monetary investments. If the expected fines are always higher than the expected earnings, crimes become a bad investment.

[–] [email protected] 1 points 3 months ago

Revoke their corporate charter permanently. The survivors will take notice and bend the knee.

load more comments (6 replies)