<story><title>SEC Penalizes Yahoo $35M for Massive, Undisclosed Cyber Theft</title><url>https://www.jdsupra.com/legalnews/sec-penalizes-yahoo-35-million-for-20427/</url></story><parent_chain><item><author>deft</author><text>Hundreds of millions of users had their data stolen. Putting this fine at less than a dollar per user. Is that really what our private information and security is worth? Who cares if they&amp;#x27;re being fined when it&amp;#x27;s a slap on the wrist. To all those talking about billion dollar fines on Facebook: fat chance.</text></item></parent_chain><comment><author>mattnewton</author><text>I mean, the crime here isn’t against users, it’s against investors right? That’s why the SEC involved. I don’t even know who enforces the meager consumer privacy protections we have these days.</text></comment>
<story><title>SEC Penalizes Yahoo $35M for Massive, Undisclosed Cyber Theft</title><url>https://www.jdsupra.com/legalnews/sec-penalizes-yahoo-35-million-for-20427/</url></story><parent_chain><item><author>deft</author><text>Hundreds of millions of users had their data stolen. Putting this fine at less than a dollar per user. Is that really what our private information and security is worth? Who cares if they&amp;#x27;re being fined when it&amp;#x27;s a slap on the wrist. To all those talking about billion dollar fines on Facebook: fat chance.</text></item></parent_chain><comment><author>azurezyq</author><text>FB&amp;#x27;s case is different. I think the term for FB&amp;#x27;s case is private data abuse rather than leak. Cambridge Analytica took the data through API just like every other app doing at the time, but violated the terms of use. FB is guilty because it designed the wrong way (no excuse) to share the information (still under consent). For example, banks share your personal info around all the time (say promo mails). For Yahoo, that&amp;#x27;s ... poor technology &amp;amp; management.</text></comment>