Remix.run Logo
atmosx 5 days ago

If companies faced real consequences, like substantial fines from a regulatory body with the authority to assess damage and impose long-term penalties, their stock would take a hit. That alone would compel them to take security seriously. Unfortunately, most still don’t. More often than not, they walk away with a slap on the wrist. If, that.

no_wizard 5 days ago | parent [-]

I’ve still got time left on identify theft protection I’ve been given for free due to breaches

rswail 4 days ago | parent [-]

That's not a fine, that's a tax deductible (and probably insurable) expense for the company.

It's literally part of their COGS.