Comment on LinkedIn fined $335 million in EU for tracking ads privacy breaches

• NaibofTabr@infosec.pub ⁨3⁩ ⁨weeks⁩ ago

  Thing is, if the profit is high enough and the golden parachute is good enough then a business could probably find someone to take the fall as the CEO for them. Losing the CEO won’t end the business or their exploitative behavior.

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  • P1nkman@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    Board of Directors. Entire C-suite on trial. People with 10% or more ownership of shares. That would change things.

    Oh, emails were deleted and couldn’t be recovered? CTO is at fault. Skip start, go straight to jail.

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    • NaibofTabr@infosec.pub ⁨3⁩ ⁨weeks⁩ ago

      Well… look, I’m all for punishing white collar crime, we should do more of that, but I’d much rather incentivize preventing this kind of thing in first place than punishing people after the fact.

      Taking away the revenue (remember revenue means all the income, not just the profit) from criminal behavior does that, because it means the business risks financial collapse.

      For instance, in this case if LinkedIn’s EU ad sales department violated EU law, then all revenue from the EU ad sales department should be forfeit, for the entire time period during which the violation occurred.

      This would be a lot more effective than threatening rich people with jail time, because rich people can always make a deal to serve their time in a nice facility or house arrest or something. Instead, we threaten to wipe out the business financially.

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      • P1nkman@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Oh, I totally agree, but if we use the example in the article, how would the EU be able to prove LinkedIn’s revenue? These companies are shifting their money around so they don’t have to pay tax.

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  • kambusha@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    Tbh, you’re probably right. It’s the same reason that solar finally is seeing an uptick, and how cryptography works. Solar makes financial sense now, and cryptography is all just about how much money you would need to spend to crack a password.

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