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A comment on The 773M Record “Collection #1” Data Breach. Parent comment

Re:The 773M Record “Collection #1” Data Breach by iSnow on Thursday January 17, 2019 @04:41AM (#18929532)
We are getting there, thanks to the EU. The GDPR directive has teeth, and it /will/ affect all larger US companies as well.

Fines of up to 4% of yearly revenue area no joke: https://www.forbes.com/sites/bernardmarr/2018/06/11/gdpr-the...

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Re:The 773M Record “Collection #1” Data Breach by nerdponx on Thursday January 17, 2019 @08:44AM (#18930679)
Have there been any notable cases of actual enforcement GDPR enforcement yet?
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Re:The 773M Record “Collection #1” Data Breach by iSnow on Friday January 18, 2019 @05:07AM (#18938261)
Only small fry. Knuddels, a German chat platform, was fined for a data breach and storing passwords unencrypted.

But data protection institutions are warming up for taking Facebook to task: https://www.cnbc.com/2018/10/04/facebook-data-breach-top-eu-... - the 1.6bn is way over the top since FB informed customers in time, but still this will be a lighthouse case.

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