The FCC announced a $31.5 million settlement with T-Mobile over multiple data breaches that compromised the personal information of millions of U.S. consumers from 2021-2023. More from @BleepingComputer@infosec.exchange. #FCC #TMobile #Cybersecurity #Tech https://flip.it/MGWkCJ
Might as well charge them 32 cents, that fine isn’t even a poke much less a slap.
Oh noes! How are they ever going to pay that with $80 billion in yearly revenue??? Someone think about the shareholders, for fucks sake! (That is 0.03875%, btw.)
Reminder: The government levies fines according to law. They don’t get to make shit up according to how heinous you feel the offense is.
The obvious solution is revenue based fines, but what legislator is voting for that?
@TechDesk@flipboard.social @BleepingComputer@infosec.exchange It’s never not funny (and sad) when a giant company gets a fine that the CEO could probably pay on his own and still be rich, maybe not even missing the money.
@TechDesk@flipboard.social @BleepingComputer@infosec.exchange This is the thing. So many people think they can trust companies with their private info and just give it out willy nilly. The thing is, even when the companies do everything right (which they almost never do) this stuff still happens.
