Nemeski@lemm.ee to Technology@lemmy.worldEnglish · 14 hours agoMeta fined $102 million for storing passwords in plain textwww.engadget.comexternal-linkmessage-square75fedilinkarrow-up1860arrow-down14
arrow-up1856arrow-down1external-linkMeta fined $102 million for storing passwords in plain textwww.engadget.comNemeski@lemm.ee to Technology@lemmy.worldEnglish · 14 hours agomessage-square75fedilink
minus-squareSquizzy@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down43·7 hours ago102 million is a major fine.
minus-squareGoodEye8@lemm.eelinkfedilinkEnglisharrow-up35arrow-down2·edit-26 hours ago102 million is a major fine for you. For meta that’s less than 1% of their last quarter (which was 13 billion net income).
minus-squarepixelscript@lemm.eelinkfedilinkEnglisharrow-up14·edit-25 hours agoIf 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.
minus-squarepsycho_driver@lemmy.worldlinkfedilinkEnglisharrow-up2·4 hours agoWow you have very forgiving traffic laws where you’re from. $190 for rolling through a stop sign here.
minus-squarepixelscript@lemm.eelinkfedilinkEnglisharrow-up2·4 hours agoI’ve been told we have state senators who openly claim to only be there to keep speeding tickets low.
minus-squareColonelThirtyTwo@pawb.sociallinkfedilinkEnglisharrow-up3·5 hours agoTo put it into perspective, the fine was 0.8% of that net income.
minus-squarefloquant@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up12·5 hours agoIt is absolutely not, but I understand it’s easy to lose sense of scale when you go into billions territory.
minus-square[email protected]AlinkfedilinkEnglisharrow-up18·6 hours agoNot for a company with 120 Billion profits.
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.
Wow you have very forgiving traffic laws where you’re from. $190 for rolling through a stop sign here.
I’ve been told we have state senators who openly claim to only be there to keep speeding tickets low.
To put it into perspective, the fine was 0.8% of that net income.
It is absolutely not, but I understand it’s easy to lose sense of scale when you go into billions territory.
Not for a company with 120 Billion profits.