Xfinity waited 13 days to patch critical Citrix Bleed 0-day. Now it’s paying the price::Data for almost 36 million customers now in the hands of unknown hackers.
Xfinity waited 13 days to patch critical Citrix Bleed 0-day. Now it’s paying the price::Data for almost 36 million customers now in the hands of unknown hackers.
In Europe this would be a hard to explain breach of GDPR. Which could result in some hefty fines. Especially if it is a vulnerability they knew about but chose to wait.
Are they in Europe? My guess is no.
Sure, but given that the poster said “would” the point is to bring additional awareness to how consumer-backing laws with actual teeth can bring about positive change, and perhaps to motivate citizens to support similar legislation and legislators who would write it.
In the real world, fines are a cost carried to the customer. So even with GDPR, the customer is still the loser in the situation.
Not in the EU. Fines can actually hurt here
So fines come with a requirement that a company can’t raise prices to recoup them?
Do you think companies aren’t already pricing their products at the maximum they think the market can bear?
They are, that won’t stop them going higher.
Products are already priced at the point that will make them the most profits. That point doesn’t magically change when fines happen.