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this post was submitted on 21 Aug 2023
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They'll get a slap on the wrist fine that nowhere near accounts for the amount of money they made doing this.
True but this also sets precedent for other cases which is an overall win. But i do wish the fines were bigger I agree with you there.
They need to do a percentage of revue, rather than a fixed price for businesses. Affects bigger companies harder, but let's smaller ones still work through it.
Fine of at least 150% of money earned, though they'll just say it earned them nothing
It sets the size of the fee the company will need to pay to do it.
I loved how EU set fines for GDPR breaches and I feel the same should be applied in other fields when companies are involved. There are two tiers of penalties, with a maximum of 20m euros or 4% of global revenue. That way they feel it. Really feel it. Google got smacked 50 million € for GDPR breach. H&M 35M.