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this post was submitted on 25 Dec 2023
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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.
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.
If I did this as a private citizen, it could carry criminal charges. If a corporation does it, maybe they'll get fined.
*would, in most cases. Shit's fucked, yo
Would a private individual who accidentally gave out an address, to someone posing as an authority, be criminally charged?
Unfortunately we live in a society where it's fuck the average person, corporations are the only thing that matters.
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.
Stock... Price? You mean fine them some number of shares?
You can't fine the price, that's not how the stock market works.
I mean you could fine them a percentage of the stock price. It is a dollar value. But that would only be a few dollars paid out.