[1]Yahoo gets $35 million slap on wrist for failing to disclose
colossal 2014 data breach
The SEC forced Yahoo to pay $35 million in penalties to settle
charges that it misled investors. The breach has been widely
publicized and is considered one of the largest data breaches on
record.
Yahoo's operating business, now known as Altaba, was acquired last
year by Verizon for $4 billion.
What would have been paid under GDPR? [2]$198M if this article is
correct.
Calling this a "slap on the wrist" is an insult to wrist slaps
everywhere.
Also on:
[3]Twitter
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My original entry is here: [4]I think no one learned a valuable lesson
…. It posted Sat, 05 May 2018 12:24:15 +0000.
Filed under: business,
References
1.
https://hotforsecurity.bitdefender.com/blog/yahoo-gets-35-million-slap-on-wrist-for-failing-to-disclose-colossal-2014-data-breach-19798.html
2.
http://www.cityam.com/255796/yahoo-would-liable-198m-fine-were-gdpr-already-enforced-
3.
https://twitter.com/TokyoGringo/status/992742742529847297
4.
https://www.prjorgensen.com/?p=1081