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“Hello, we’re <insert multi billion mega corporation here>. Laws and rules do not apply to us. Go ahead. Give us a fine. Sue us. Whatever amount you request is mere crumbs to us.”
“Hello, we’re <insert multi billion mega corporation here>. Laws and rules do not apply to us. Go ahead. Give us a fine. Sue us. Whatever amount you request is mere crumbs to us.”
Fines should be a percentage of annual revenue, not a fixed dollar amount. That way it will hurt a large company just as much as it would a small one.
The GDPR fines are. Other laws should be similar.
This is why we need a corporate death penalty.