The Irish Data Protection Commission (DPC) has fined Meta €91 million for a 2019 incident wherein the company stored millions of Facebook and Instagram passwords in plain text.
They also need to remove the limited liability from companies for intentional illegal activities.
illegal business practices should be charged to the people involved instead of the company. The executives who made the decision to break the law lose personal assets.
Otherwise the shitheads just pass the company losses onto the employees: no raises, hiring freezes, layoffs, reduction in benefits, etc…
All fines should be percentage of income instead of some arbitrary number.
They also need to remove the limited liability from companies for intentional illegal activities.
illegal business practices should be charged to the people involved instead of the company. The executives who made the decision to break the law lose personal assets.
Otherwise the shitheads just pass the company losses onto the employees: no raises, hiring freezes, layoffs, reduction in benefits, etc…
Intentional? Better use Negligent. It’s hard to prove intent; knowledge of something going on is much easier to prove.
100%. We need more personal liability for the evils of big business, not less
And collected from shareholder payouts.
Why would the regime ever hurt itself tho?