News for hackers. Stuff that matters.
Re:Stripe Billing by luckydata on Thursday April 05, 2018 @11:01PM (#16770582)
As a fellow European living in the US I feel divided about this: while the opportunity cost is high and the business environment is definitely stifled by regulation, the quality of life and health consequences of the lack of regulation in the USA are massive and there's very little recourse for the little people against the criminal misbehavior of corporations.

There must be a happy medium between the two positions, I don't know that a country has gotten it right yet but the US is no paradise.

Re:Stripe Billing by woolvalley on Thursday April 05, 2018 @11:33PM (#16770705)
There is no lack of regulation in the USA, it's just the USA has some wrong regulations that creates horrible results you see sometimes. Most of it is from a lack of single payer healthcare and a public culture of infrastructure neglect with high amounts of waste compared to pretty much everywhere else in the world.

I really think it comes down to legislation philosophy. In the english speaking countries, cost of compliance is something that is thought about for small businesses, so many regulations are small business exempt until you get to certain employee counts or revenue numbers.

In the EU, that concept doesn't seem to exist and businesses of 1 are assumed to be $100M revenue businesses that can afford to do things like GDPR properly.

Re:Stripe Billing by literallycancer on Friday April 06, 2018 @07:17AM (#16772359)
If you are a 1 man show, how about not collecting data you most likely don't need anyway? And the 4% global revenue fine the GDPR is famous for does exactly what you want -- scales with the means of the business.
Re:Stripe Billing by eitland on Friday April 06, 2018 @09:45AM (#16773139)
Last I saw there was a minimum fine of x million Euros.

Edit: had to verify. It seems a bit more reasonable: """Article 83 of the General Data Protection Regulation provides details of the administrative fines. There are two tiers of fines. The first is up to €10 million or 2% of annual global turnover of the previous year, whichever is higher. The second is up to €20 million or 4% of annual turnover of the previous year, whichever is higher.""" - https://www.gdpr.associates/what-is-gdpr/understanding-gdpr-...

Re:Stripe Billing by woolvalley on Friday April 06, 2018 @02:41PM (#16776084)
Yes, because a minimum fine of $10 million for a 1 person business is totally reasonable, unless by the grace of the bureaucracy, they decide to give you a warning instead. /s

Also the GP post, there is more than 'avoiding collecting data'. If you have text field comments form and a 3rd party puts 'personal data' in that, then that is GDPR liable! You also need audit logs and and list of other requirements that needs multi engineer teams to implement properly.

As a result, most small businesses with email are probably not going to be properly compliant on some level and you can prosecute anyone. Just like the new-ish VAT laws, large stores are going to be compliant because they can afford it, while some petty bureaucrat will prosecute the small online shops instead.

Re:Stripe Billing by true_religion on Friday April 06, 2018 @03:26PM (#16776558)
The ten million is a maximum, not a minimum.
Re:Stripe Billing by nothrabannosir on Friday April 06, 2018 @07:57PM (#16778544)
“Whichever is higher” is a max(), not a min(), i.e. it’s a “minimum”

(counter-intuitively)

Re:Stripe Billing by true_religion on Saturday April 07, 2018 @08:07AM (#16780380)
I thought since they said a fine "up to X" it would mean that X was the upper boundary. So you could certainly be fined a lot less than $10 million.
Re:Stripe Billing by eitland on Saturday April 07, 2018 @08:23AM (#16780427)
Seems like something like

=max(whatTheJudgeThinks, max(10mEUR, 0.02*turnover))