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Korea raises data breach fines to 10% of revenue

339 points · 115 comments · throw7

  1. augment_me · · focus · HN ↗
    You can just do what my university did, hire a small shell firm with 3 employees to hold all your data, and when it got hacked they just went bankrupt and we switched to a new shell firm with similar form and function.

    Minimizes money usage and does not require any security investments

    1. louthy · · focus · HN ↗
      Or … and hear me out on this one … care?
      1. m132 · · focus · HN ↗
        Some hard to swallow pills for tech companies in 2026: data not collected in the first place cannot leak.
        1. SoftTalker · · focus · HN ↗
          Followed by deleting data once you've used it for its stated purpose.

          Personal data needs to be much more of a liability than it currently is for anything to change. Business will respond when the bottom line is affected.

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