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by Hilift
304 days ago
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> But I thought in EU and US things are different. Different indeed. Privacy is enforced through compliance and civil court actions. In 2018, one of the largest actual data breaches at the time (~300 million customer records) netted about $0.25 per record in penalties, after several years of lawyering. ($52 million (US)/$23 million (UK)). The EU makes more money fining companies for policy violations: A €1.2 billion ($1.3 billion) fine was imposed by the Irish Data Protection Commission (DPC) for transferring Facebook users' personal data from the EU to the US in violation of GDPR. That is what privacy is about. https://nationalcioreview.com/articles-insights/extra-bytes/... |
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