<story><title>FCC Proposes to Fine Wireless Carriers $200M for Selling Customer Location Data</title><url>https://krebsonsecurity.com/2020/02/fcc-proposes-to-fine-wireless-carriers-200m-for-selling-customer-location-data/</url></story><parent_chain></parent_chain><comment><author>hedora</author><text>This should be set as a function of how much they made, and damages incurred.  10x amount they charged + $200&amp;#x2F;victim&amp;#x2F;incident (so, $200 for each record sent) seems reasonable to me.&lt;p&gt;The latter part of the fine should go to the victims, I think.&lt;p&gt;If this bankrupts them, the executives, then board, then shareholders should be the ones to take a bath.  (Not pensions, etc).  After that, the fine should be reduced until it leads to a net zero valuation of the company, with the difference being given to the victims by issuing stock at the resulting stock price.&lt;p&gt;I’d like the fines to be applicable to anyone selling location data (app developers, linking shady libraries, I’m looking at you), and enforceable via class action rights that can’t be waived, as well as small claims court.&lt;p&gt;The rules should also apply to data returned by any non-mandatory compliance with government requests.&lt;p&gt;For class actions, consumers should get at least $190 of the $200, regardless of any pre-trial settlements.&lt;p&gt;I think these are minimally  adequate steps to end this behavior.</text></comment>
<story><title>FCC Proposes to Fine Wireless Carriers $200M for Selling Customer Location Data</title><url>https://krebsonsecurity.com/2020/02/fcc-proposes-to-fine-wireless-carriers-200m-for-selling-customer-location-data/</url></story><parent_chain></parent_chain><comment><author>LatteLazy</author><text>There you have it: the price of privacy is less than 1usd per citizen.</text></comment>