Thread

1. quickthrowman · 1789763276 · focus · HN ↗

   I would like to make a wager on this law being ignored the first time Samsung or another chaebol violates it and is facing a fine equal to 10% of revenue. I can almost guarantee it, it’s a high enough fine to turn some low-margin businesses from profitable to unprofitable for the year and there’s no such thing as a secure computer system. The only way to guarantee compliance is to not store any data which isn’t exactly reasonable for some business models.

   1. buellerbueller · 1789763479 · focus · HN ↗

      Maybe those specific business models shouldn't exist, if they consistently risk harm to 3rd parties.

      1. google234123 · 1789763544 · focus · HN ↗

         You legally have to hold transactions for years yk as a business

         1. josephg · 1789769573 · focus · HN ↗

            Then secure your database? This stuff isn’t rocket science. You don’t even have to hold historical transactions online. It’s quite difficult for hackers to access a hard drive sitting in a drawer.

            1. someguynamedq · 1789810761 · focus · HN ↗

               But not impossible

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