this post was submitted on 30 Mar 2024
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Technology
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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.
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.
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.