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this post was submitted on 05 May 2025
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United States | News & Politics
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Oh wow thanks for telling us.... 6 months later
This shit needs to be punishable with jail time. Data breaches would happen a lot less when leadership knows their asses are on the line with not keeping tech updated.
In the EU, GDPR mandates that data breaches adversely affecting privacy must be reported to authorities within 72hr. The fine for not obeying GDPR is the greater of €30 million or 4% of worldwide turnover in the financial year preceding the breach.
The biggest GDPR fine so far is one handed to Meta by Ireland in 2023: €1.2 billion. Ireland has made a bit of an industry out of this, with over €2.9bn in total fines to Meta alone over the years.
Welp. I'm happy to hear not every country is as big of a piece of shit as mine.