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
      link
      fedilink
      English
      arrow-up
      2
      ·
      11 months ago

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

      • wahming@monyet.cc
        link
        fedilink
        English
        arrow-up
        2
        ·
        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
            link
            fedilink
            English
            arrow-up
            2
            ·
            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
            link
            fedilink
            English
            arrow-up
            2
            ·
            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
              link
              fedilink
              English
              arrow-up
              3
              ·
              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.