> Is there any company that actually protects the data that they mandate we give them?

not really, no. it was "within their risk appetite"

SpicyUme a day ago | parent | next [-]

But I was told "Data is the new oil', I guess that includes minimal penalties for spills.

	▲	JumpCrisscross a day ago \| parent [-]
		> minimal penalties for spills BP et al paid “the largest environmental damage settlement in United States history – $20.8 billion – on April 4, 2016” [1]. The damage from oil spills can be clearly quantified and directly attributed. We don’t have that evidence of harms from such breaches. [1] https://www.noaa.gov/explainers/deepwater-horizon-oil-spill-...

This is extra funny because Farmers has buildings of actuaries who could produce excellent estimates as to the risk and expense.