Record €225m fine for WhatsApp Ireland over data protection breaches
Interesting notes:<p>> <i>However, WhatsApp Ireland, which had previously set aside €77.5m for a possible fine</i><p>Right there. The cost of violations is priced in. Companies actually misbehave and simply accept a potential fine as a business expense.<p>> <i>The company is also understood to feel that the fine is out of step with previous GDPR related fines.</i><p>It just sucks for our shareholders if the fine is higher than we expected.<p>> <i>Sources close to the company, which is owned by Facebook, said rather than making its policy shorter and less complicated, the decision would mean it would have to add even more information to its already long and complicated privacy policy.</i><p>The lies, incredible. Just don’t collect data, then your privacy statement is very very simple. Only complicated agreements require complicated 5,000 word privacy declarations.