Xfinity waited 13 days to patch critical Citrix Bleed 0-day. Now it’s paying the price::Data for almost 36 million customers now in the hands of unknown hackers.

  • plz1@lemmy.world
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    11 months ago

    In the real world, fines are a cost carried to the customer. So even with GDPR, the customer is still the loser in the situation.

      • plz1@lemmy.world
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        11 months ago

        So fines come with a requirement that a company can’t raise prices to recoup them?

        • wahming@monyet.cc
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          11 months ago

          Do you think companies aren’t already pricing their products at the maximum they think the market can bear?

            • wahming@monyet.cc
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              11 months ago

              Products are already priced at the point that will make them the most profits. That point doesn’t magically change when fines happen.

            • drdiddlybadger@pawb.social
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              11 months ago

              This thinking was brought up to convince people not to hold companies accountable.

              Make it cost. And if the company refuses to correct the behavior they shouldn’t be allowed to operate. If there is no cost for bad behavior then said behavior becomes how you do business.

              • plz1@lemmy.world
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                11 months ago

                I’m not an opponent of fines, I just think they have no deterrence other than getting caught. Negligence at this level of public harm needs to carry jail time for the executives responsible for it.