This is a most excellent place for technology news and articles.
I have a solution:
If it cost them real money (proportional to their market cap, the amount of customers affected, and/or the severity of the breach) to allow a data breach, I’m betting they’d shore up those holes REALLLLLLLLLL QUICK.
This is always the answer. "How do we solve x in y industry?" Make the fucking corpos responsible for their own asses and it will get fixed. If it costs them more money to be breached they will do everything they can to not allow that.
That, or threaten to nationalize their industry. Corporations *hate * that.
Communications should always be nationalized. It was a mistake letting corporations gatekeep phones and internet.
Infastructure should be nationalized as a whole (roads, rails, water, heating, electricity, waste disposal and so on)
“Externalities” are just expenses that corporations incur that have to be paid by the public.
Make externalities losses again.
It'll also screw over anyone trying to break into the market, ensuring that the big tech companies remain unchallenged indefinitely.
Disagree if you add the three different factors that I added to account for this in my original comment:
As I wrote in my edit, I think the size of fine should be dependent on:
size of company
the reasonable expectation of security (which would partially attempt to decrease fines for unfixable breaches)
the number of unique users affected
They're too busy proposing legislation to create back doors that completely circumvent security in the first place.
Yeah, people shouldn't look to their government to protect them from this. Hell, I'd be willing to bet no small amount of taxes go to purchasing the leaked info at places like the CIA, NSA, and FBI.
Nah, throw the board members in prison. If the punishment for crime is a fine then it's legal for rich people/corps. Put 'em in solitary and feed them nutraloaf for one day for each person's data they allowed to be leaked.
If they get all the money because they're ultimately responsible, we should make them ultimately responsible.
if it means prison time for a middle/lower class person, it should mean prison time for everyone who is responsible for basically publishing logins and personal data.
no more geeting off scott free because you run a company. you're a prisoner like everyone else now.
As much as I agree that something needs to be done to these companies, and that they deserve punishment, I think this approach would only result in leaks (even more) underreported, which makes it even worse.
Are these leaks even being reported by companies? Every article I have seen so far has just been compiling information off the new leaked data set someone picked up off the dark web or something.
Article 82, paragraph 1 of the GDPR:
Any person who has suffered material or non-material damage as a result of an infringement of this Regulation shall have the right to receive compensation from the controller or processor for the damage suffered.
Paragraph 2:
Any controller involved in processing shall be liable for the damage caused by processing which infringes this Regulation
Article 24, paragraph 1:
**[T]he controller shall **implement appropriate technical and organisational measures to ensure and to be able to demonstrate that processing is performed in accordance with this Regulation.
Article 5, paragraph 1f:
Personal data shall be: […] processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and against accidental loss,
Article 83, paragraphs 2 and 5:
Each supervisory authority shall ensure that the imposition of administrative fines pursuant to this Article in respect of infringements of this Regulation referred to in paragraphs 4, 5 and 6 shall in each individual case be effective, proportionate and dissuasive.
Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines up to 20 000 000 EUR, or in the case of an undertaking, up to 4 % of the total worldwide annual turnover of the preceding financial year, whichever is higher:
(a) the basic principles for processing, including conditions for consent, pursuant to Articles 5, 6, 7 and 9;
Article 4, paragraph 7:
‘controller’ means the natural or legal person, public authority, agency or other body which, alone or jointly with others, determines the purposes and means of the processing of personal data
(All quotes are excepts, emphasis mine
I think we can both guess why these companies never really face penalties that hurt them materially despite this being codified into law in the EU…
They won't because fines are just a fee to allow them to run unethically. That way businesses get more profit than they would otherwise and government gets their cut to allow it. It's broken by design.
The EU has proven time and again that fines can hurt.
Kind of worrying when their source is a “data breach information website” that does advertorials for “the most safe password manager” NordPass. 🤮 The internet of today has become a pile of absolute shit.
We should make a new internet in the dark web, but only invite cool people. No billionaires, narcs nor finks allowed !
No narcs or finks? What about patsies or stoolies? Can we at least have phonies?
I’ll give you one chump and half a busta, but that’s all you’re getting!
I think it's gotten to the point that we. (Collective) Have to start using alias. I know proton for a price gives fake mobile and email address.
I have started using a 5th email to sign up to things. Have an extra number as well. It's beyond a joke really.
Tried to sign up for a budget app and it requires email phone and address.
No. No you don't require any of that. You want that to sell. And you've likely got inadequate protection.
Nobody but my bank job and maybe a few places require all my info.
Oh proton gives mobile too... Ya know I didn't feel like paying for the mail thing as I can have my domain and relay easily but the mobile thing I didn't know.
But I will be honest I didn't see it mentioned on the web, it's already a thing?
They only generate email addresses.
Not until a politician or billionaire is harmed by these breaches will we see some action.
They’ll get justice, you’ll get a check in the mail for 3 dollars, after some lawyers win a class action lawsuit.
I don't think so.
Trump himself was victim of credential stuffing. And he's not the only politician or billionaire who has suffered stolen accounts of something.
That seems weird, it's called mother of all breaches, but isn't the result of any one breach. It's just data collection from ordinary breaches with perhaps some credential stuffing in the mix.
My data has been stolen so often I have free monitoring for the rest of my life.
And everyone should just assume that every account they have will be hacked. Because it already is, they just haven’t found out yet (assume breach).
"The MOAB contains 26 billion records over 3,800 folders, with each folder corresponding to a separate data breach. While this doesn’t mean that the difference between the two automatically translates to previously unpublished data, billions of new records point to a very high probability, the MOAB contains never seen before information." Totaling 12TB.
I've always thought LinkedIn is nothing more than a massive treasure trove of personal information just waiting to be harvested by thieves wanting the entire life and work history of millions of upwardly mobile career focused people.
Work History ok... But entire life... I guess people that used like it's Facebook maybe? 🤔
I honestly wonder if my data wouldn't be safer on some sites, if I skipped two-factor authentication and a recovery email, and simply used my date of birth as a password. At least then, they'd wouldn't be able to leak the phone number or email adress, because I was never forced to give it to them.
It's even more annoying, because you can't easily avoid many of these companies. Eg. for jobs it's really hard to get around using linkedin. I mean, I refuse out of principe and have for years, so my data's a decade out of data, but it's obviously cost me opportunities.
There are almost certainly pictures of me floating around social media, taken without my permission, but tagged by facebook or google just in case I had any fucking privacy. And now thanks to some phones. they also have our finger prints and retinal scans, which will inevitably get leaked sooner rather than later. I pity the poor chumps whose DNA was leaked, that's even worse. Most of that will probably be leaked sooner or later, if it hasn't already, because it turns out a subcontractor used the youtube comment section to communicate between departments.
If I had the technical ability, I would design a two-factor authentication system based on rectal scans.
"Here at OmniCorp we believe all our customers our unique, that's why we believe in securing your data by linking your DNA, phonenumber, social security number, retinal scan and finger print, with a picture of your anus. Bend Over. The Future's Now."
We just need a free dart monkey or two, it'll be fine.
Tencent tops the chart, with 1.5 billion records leaked, followed by Weibo at 504 million and MySpace at 360 million.
MySpace in the news as Top Western Leaker
