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.
And collected from shareholder payouts.
That “m” should be a “b”. For a company that size, there is truly no excuse!
This is like when Dr Evil asks for $1 million dollars after being unfrozen. These courts need to get with the times.
Should be like GDPR fines: 4% of your annual global revenue.
Edit: just read “It has so far fined Meta a total of 2.5 billion euros for breaches under the bloc’s General Data Protection Regulation’s (GDPR), introduced in 2018, including a record 1.2 billion euro fine in 2023 that Meta is appealing”
Wow, Meta really likes donating to the EU
Removed by mod
102 million is a major fine.
102 million is a major fine for you. For meta that’s less than 1% of their last quarter (which was 13 billion net income).
If you make $50k/yr after taxes, the equivalent fine would be on the order of about $120.
Where I’m from, that’s a speeding ticket.
That’s not an entirely accurate representation, because after taxes you still use that money for housing and food and transportation etc. In business terms that 50k would still contain operating costs. So that $120 might still seem a lot.
That 50k a year should be extra money, the money left in your pocket after taxes, housing, groceries, other necessities and debts are paid off. That would give an accurate representation of how insignificant a $120 ticket would be.
That’s the thing, though. I computed from the claimed figure above of 13 billion net income. The costs are already accounted for.
To put it into perspective, the fine was 0.8% of that net income.
Not for a company with 120 Billion profits.
It is absolutely not, but I understand it’s easy to lose sense of scale when you go into billions territory.
This is less than a rounding error.
Glad I deleted mine in 2018 and use a password manager (KeepassDX). Only socials I have are Lemmy, Mastodon (rarely used), and Nostr. If it aint FOSS I avoid if at all possible.
Considering how old Facebook is, you’d think they would have their shit together when it comes to password security…
Facebook is huge and has very diverse teams/departments. It’s absolutely possible the guys who know what security is, and the guys who build app xyz are in different departments, countries, continents.
The capitalists want us to believe otherwise, but large corporations are just as convoluted and inefficient as a planned economy.
Of not more. At least government gives some amount of insight and a chain of responsibility. Corporations are opaque and responsibility ends in an understaffed, underpaid “support” line.
Have you ever worked for government IT? Most of it is ages behind private sector.
I work in the private sector and our most essential systems run on Windows Server 2012. Because the installed applications can’t be migrated to anything else. After a reboot, there’s 21 scripts that need to be run in a specific order (with admin rights) to get the app running again. The frontend is an http webpage that’s open to the world.
The supplier of the software is a huge global corporation, market leader in their field.
I’m not saying there isn’t crap in the private sector, but in my experience government really sucks managing IT.
No. Large organizations suck at managing IT, simply because it’s not crucial for them to keep it managed and they usually have enough institutional insulation to mitigate the impacts. Whether that insulation is money or disregard of the public doesn’t matter all that much.
👌👍
The difference is even this pittance of a fine wouldn’t happen in a planned economy - it would be like the planners fining themselves.
What we’re seeing here is a result of the amoral “beastly” types concentrating power. What you’re suggesting is to intentionally concentrate that power from the start.
Facebook is a great example of democracy - the billions of people using it have effectively (in their voluntary ignorance) voted for it to be like this. These are the same people who would vote for policies in a pure democracy.
And you’re ignoring what happens in the SMB space, where people aren’t part of the corrupt circle.
You’re welcome to start a small community anywhere in the US with a planned economy, as proof of concept.
You could call it… A commune, to indicate its goals.
They are still on the old system of writing them down on paper XD
old system of writing them down on paper
That’s harder to steal/hack by someone across the globe.
Considering how old Facebook is…. They probably never bothered to upgrade the authentication system because “if it ain’t broke, don’t fix it” and it didn’t matter to their revenue.
Password hashing has been standard practice far longer than Facebook has existed. Even by 2004’s awful, ‘archaic’ standards.
At the time Facebook was invented, plaintext passwords had been a joke for years.
17 cents apiece
Quick math: this is only 0.076% of their 2023’s revenue. No wonder big corporations don’t give a fuck about fines and will continue doing fucked up/illegal shit. This is not a fine, this is a green light, my friends.
Meta’s revenue is in the tens of billions. This fine isn’t even a rounding error for them. This isn’t something that should be taken so lightly.
I hope i dont get fined for
5e884898da28047151d0e56f8dc6292773603d0d6aabbdd62a11ef721d1542d8
nah, sha-256 is fine, though you should pick something stronger than “password”
Don’t worry I don’t use that for my internet bank: 19513FDC9DA4FB72A4A05EB66917548D3C90FF94D5419E1F2363EEA89DFEE1DD
Jesus, why not fine them 5 bucks?
What a joke.
They still store the passwords like that? I remember that quote of Zuckerberg doing so, in the early days, and boasting about it to a friend… This was so outrageous at the time. Now it’s beyond absurdity… Not to mention the fine is so small!
Not to excuse them, but this is from 2019. Yes, that behavior was so outrageous at the time, but hopefully it is no longer happening
I remember my bank used to ask me for the 2nd, 5th and 7th letters of my password from time to time.
There’s only one realistic way they can know those to ask me.
They haven’t asked me that for a while now, so I can only hope they encrypted them properly at some point.
Meta: The company whose products you use when you absolutely, positively, don’t give a shit that they are the worst example of the worst nightmare of a consumer-hostile, privacy-invading, you-are-the-product, tech company. Yes, even worse than Microsoft.
If it’s free, you are the product.
I haven’t paid for Lemmy yet. Well, other than volunteer time.
I guess if we want something where we’re not the product, we have to build it ourselves.
What makes you so sure that the person hosting your instance isn’t monetizing it or trying to find a way to monetize it in the background?
Maybe they’re selling all these posts and DMs to OpenAI?
Lemmy.world is a registered non-profit organization. https://fedihosting.foundation/about-us/
It’s easy enough to use the API to scrape the site and use all the posts and DMs for free. It’d be odd for OpenAI to pay for it.
Please do recognize that anything you post publicly IS public, whether that’s Facebook or here. The lack of an API isn’t going to stop places from scraping your data off of Facebook or Reddit either.
Your DMs here are explicitly public. That’s part of the federation between servers. If you want truly private DMs, there are options for that.
I suppose I should mention for full disclosure that I’m part of the (unpaid) staff here representing the Lemmy.World Community Team.
Not that I DMd people, but I don’t think I knew that, so that’s good to know.
But also don’t mistake a not for profit as not being able to do something to aquire money to help pay for itself or the salaries of it’s people. They could absolutely be looking for ways to monetize this to a certain extent. A not for profit is not a charity.
I’d recommend Signal for truly private messaging. I’ve heard things about Matrix, and the warning mentions Element.io, nether of which I’m personally familiar with.
This just doesn’t hold up in 2024. BMW charge you 60k for a vehicle and chuck a subscription on top. Apple, Google and Samsung charge between hundreds and thousands for their phones and advertise with their own agencies. Amazon forces paying customers to wade through bullshit products to finally buy the one they want, customers who bought prime and who didn’t.
Everyone is the product even if you pay. Stop saying this please.
Sorry, but that’s irrelevant to “if it’s free…” implication. Those are just unrelated ways companies made suckers out of their customers.
Hey mate, so this comment is just not productive. I’m going to be a little hyperbolic here: if everyone alive is being advertised to then your “unrelated ways companies making suckers out of their customers” comment isn’t correct or honest. It’s the norm, everyones going through it is totally related.
I talked about companies that lock you into their ecosystems and force you to have a stake in their business model. They do this for two reasons: you make money and they want it, and if you spend your money elsewhere they don’t get it. Name one phone manufacturer that isn’t stealing your data. Name one social media app that isn’t spyware. Name one online store, review site or fucking cooking blog that isn’t loaded with ad trackers and cursor monitoring shit that tells you to subscribe as soon as you go to close the tab.
Sure some smaller examples exist (I love lemmy, this place is awesome), sure I can download a free open source os, or just install an:
Adblocker User agent spoofer Anti track-sender Set my browser to stop allowing targeted ads or download a privacy browser
but everyone is still stuck using the other products in some capacity just the same. I’m happy for you if you fall outside this, seriously. However, most people do not. We are stuck and it’s because we got prayed upon. So yeah, everyone is the product. Always. No exceptions.
It’s not an either or. It’s _if it’s free, you’re the product _. That’s it. It’s not saying anything about if you pay for it.
Mate. Everyone is the product. Everyone’s attention is being paid for. Every service is collecting your data. Everyone wants your screen time and is happy to pay for it.
“If it’s free you are the product” has been drilled into us to accept the bullshit of Facebook, Google and the rest. Get it in your head now: you are the product, always. Unconditionally. No exceptions.
You’re literally using a service there that isn’t the case for.
So it’s misdirection. It should be “You’re the product”. Free or not doesn’t matter.
Well now even when you pay you’re the product.
