I always wonder whether a company that deals with literally billions in revenue even cares about a $7.3m fine. They probably got more than that out of the adware deal. It's not even just...
I always wonder whether a company that deals with literally billions in revenue even cares about a $7.3m fine. They probably got more than that out of the adware deal. It's not even just countering what they made from the adware, it's a punishment. Shouldn't that be at least be a significant percentage of their revenue or something?
Definitely. GDPR has worked. The percentage of the conglomerate's revenue globally as potential fines means every large European company has taken the privacy and security requirements extremely...
Definitely.
GDPR has worked. The percentage of the conglomerate's revenue globally as potential fines means every large European company has taken the privacy and security requirements extremely serious.
That's the way to get these things prioritized in the boardrooms. Money talks. What if Facebook got a fine of 6% of it's global revenues for the year? Yeah. You bet't they're doing everything they can to be in compliance.
That wouldn't be the case if a fine was "only" in the hundreds of millions.
I always wonder whether a company that deals with literally billions in revenue even cares about a $7.3m fine. They probably got more than that out of the adware deal. It's not even just countering what they made from the adware, it's a punishment. Shouldn't that be at least be a significant percentage of their revenue or something?
Definitely.
GDPR has worked. The percentage of the conglomerate's revenue globally as potential fines means every large European company has taken the privacy and security requirements extremely serious.
That's the way to get these things prioritized in the boardrooms. Money talks. What if Facebook got a fine of 6% of it's global revenues for the year? Yeah. You bet't they're doing everything they can to be in compliance.
That wouldn't be the case if a fine was "only" in the hundreds of millions.
This is why I used to suggest that corporations found guilty of wrongdoing be dissolved and their executives jailed for life without parole.