this post was submitted on 30 Mar 2024
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[–] [email protected] 55 points 7 months ago (1 children)

Why companies aren't fined for every customers data they didn't secure properly is beyond me. This should cost them a specific sum per customer or part of their annual global revenue. Make it hurt.

Otherwise they have no reason to spend money to properly secure people's data.

[–] [email protected] 10 points 7 months ago* (last edited 7 months ago) (2 children)

Devils advocate: It would give them additional insensitive to cover up the fact it happend.

My 2 cents: companies cant be trusted with your data and local data containers which you control, can give or reject limited acces to need to become the norm.

[–] [email protected] 5 points 7 months ago (1 children)

Cant cover it up if the hackers take credit. And with the info collected it won't take much time to pin point where it came from.

[–] [email protected] 3 points 7 months ago

Its happened before that leaks where covered up for months though, gives them time to sell stocks before public backlash .

[–] [email protected] 2 points 7 months ago

I mean yeah it probably would. But that's essentially just blackmail.

For there should be is an entire branch of government dedicated to regulating and auditing data security in large corporations.