Reply to post: Re: With a law like that,

Carphone Warehouse cops £400k fine after hack exposed 3 MEEELLION folks’ data

JimC

Re: With a law like that,

> the proper way to handle such punishment is not to fine them,

>but to force them to put into an escrow account the cumulative

> maximum amount that could potentially be stolen

With a law like that, Directors will plunder as much as they possibly can out of the business and then declare it bankrupt before anything is paid out, and injured parties will get nothing...

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