Sam Vimes
Moderator
Someone mentioned that the fines were significant. That depends on who or what company is thats being fined.
Amazon's 2022 revenue was in the order of $513B yet under GDPR they were fined £631M or about $800M. So just less than half a days turnover.
Facebook for 2022 was $116B with GDPR fines totalling £50.3M.
Neither fines make much of a dent in their business.
Amazon's 2022 revenue was in the order of $513B yet under GDPR they were fined £631M or about $800M. So just less than half a days turnover.
Facebook for 2022 was $116B with GDPR fines totalling £50.3M.
Neither fines make much of a dent in their business.