Lol what? A percentage of their market cap is probably what you mean. A percentage of average net income over the last N (5?) years would be more realistic and still scaled in a way that impacts returns to investors.
Comment on Verizon Gave Her Data to a Stalker. ‘This Has Completely Changed My Life’
originalucifer@moist.catsweat.com 1 year ago
In the interview with 404 Media, Poppy pointed out that Verizon is a multi-billion dollar company and yet still made this mistake. “They need to get their shit together,” she said.
they dont need to get their shit together, they need to be found criminally liable and fined a percentage of their stock price. yep, i said that. fuck your stocks
this would only change if this hit verizon where it hurts.. and i mean hundreds of millions per fucking incident paid to the victim. then Verizon might be tempted to do something.
as it is, they are providing the bare minimum of any service required to achieve the next quarter stock 'value'. any fines are the cost of doing business, and who gets that fine money? not the victim.
Pizza_Rat@lemmy.world 1 year ago
Tier1BuildABear@lemmy.world 1 year ago
I agree with this sentiment for every corporation. WAY TOO OFTEN are people wronged, with life consequences, and they aren’t taken care of and the company gets a slap on the wrist.
StupidBrotherInLaw@lemmy.world 1 year ago
If I did this as a private citizen, it could carry criminal charges. If a corporation does it, maybe they’ll get fined.
Tier1BuildABear@lemmy.world 1 year ago
*would, in most cases. Shit’s fucked, yo
ChaoticEntropy@feddit.uk 1 year ago
Would a private individual who accidentally gave out an address be criminally charged?