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A comment on Massive mortgage and loan data leak gets worse, original documents also exposed. Parent comment
1. Failure to report a data loss is a fine of $10,000/user (need a compliance stick)
2. An exponential schedule of loss categories:
level 3 items: name, address, email, etc. = $2/each
Level 2 items: username, purchase history, etc = $10/each
Level 1 items: financial data, communications, passwords (unsecured/poorly secured), pictures, etc. = $100/each
Then each category would be multiplicative lose 1m customer names and addresses it would be $2x$2 =$4/each or $4m lose 1m names, addresses and personal communications, it would be $2x$2x$100=$400/each of $400m
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1. Failure to report a data loss is a fine of $10,000/user (need a compliance stick)
2. An exponential schedule of loss categories:
level 3 items: name, address, email, etc. = $2/each
Level 2 items: username, purchase history, etc = $10/each
Level 1 items: financial data, communications, passwords (unsecured/poorly secured), pictures, etc. = $100/each
Then each category would be multiplicative lose 1m customer names and addresses it would be $2x$2 =$4/each or $4m lose 1m names, addresses and personal communications, it would be $2x$2x$100=$400/each of $400m