Julesfromqueens

Should privacy fines be tied to a technology company’s global revenue?

The point is to change decisions before a violation happens. If the ceiling is fixed, a finance team can price it into the launch. A percentage of worldwide turnover tells every board that privacy risk scales with the business benefiting from the data. U.S. proposals have also considered a [4% of revenue cap](https://www.clearyenforcementwatch.com/2019/06/legislators-propose-differing-approaches-to-federalizing-corporate-responsibility-for-data-breaches/), which suggests this is not uniquely European thinking.