25% of profits for wilfully breaching privacy law… that’s actually quite low given what creative accounting can do for profits.
GDPR maximum fine is 4% of global turnover. Luckily for amazon it’s capped otherwise they’d be on the hook for billions.
25% of profits for wilfully breaching privacy law… that’s actually quite low given what creative accounting can do for profits.
GDPR maximum fine is 4% of global turnover. Luckily for amazon it’s capped otherwise they’d be on the hook for billions.
EatMyDick@lemmy.world 1 year ago
Christ, that type of penalty has no bearing of actual damages. They kept the data longer than another party thought was needed. The actual damage was minimal. They have a robust set of controls and are one of the better tech companies to work with in regards to child protection. A whole hell of a lot more than these lemmy instances doing literally nothing to protect childrens data.