Amazon Hit With $887 Million Fine by European Privacy Watchdog (cnbc.com) 12
Amazon has been issued with a fine of 746 million euros ($887 million) by a European privacy watchdog for breaching the bloc's data protection laws. From a report: The fine, disclosed by Amazon on Friday in a securities filing, was issued two weeks ago by Luxembourg's privacy regulator. The Luxembourg National Commission for Data Protection said Amazon's processing of personal data did not comply with the EU's General Data Protection Regulation. It has ordered Amazon to revise certain undisclosed business practices.
Amazon, which has its European headquarters in Luxembourg, denied that there had been any kind of breach that would violate the GDPR rules. "Maintaining the security of our customers' information and their trust are top priorities," an Amazon spokesperson told CNBC. "There has been no data breach, and no customer data has been exposed to any third party," they added.
Amazon, which has its European headquarters in Luxembourg, denied that there had been any kind of breach that would violate the GDPR rules. "Maintaining the security of our customers' information and their trust are top priorities," an Amazon spokesperson told CNBC. "There has been no data breach, and no customer data has been exposed to any third party," they added.
Top priority my ass (Score:5, Insightful)
'Maintaining the security of our customers' information and their trust are top priorities,"
I read variations of that boilerplate corporate bromide - "maintaining / protecting / upholding/... our customers' / clients' / users' / ... trust / safety / information / ... is our prioity / duty / first thought / ... - each and every time a company that's obviously as guilty as a puppy sitting next to a pile of doggy-doo responds to some accusation or other, I don't even know why media outlets bother to reprint it. If anything, it makes the company look even more guilty.
Re: (Score:3)
Not really. Those companies have a PR filter that makes them maddeningly polished and PC. Trump was neither of those things which, in a sense, was refreshing: I prefer raw bullshit than polished bullshit, however much I dislike the bullshit.
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I worked at an Amazon warehouse once, and I'm pretty damn sure we were told that "safety" was their top priority. Like you said this is just boilerplate corpspeak that should be met with jeers, boos, bricks, and bottles. It's up there with "We take this seriously" and "Sorry for the inconvenience".
Slap on the wrist (Score:2)
Under the GDPR, data protection watchdogs in Europe have the ability to fine companies as much as 4% of their annual global sales.
...
Amazon posted its third $100 billion quarter in a row on Thursday, with revenue growing by 27% year over year to $113.08 billion
What a pathetic fine.
Re:Slap on the wrist (Score:4, Informative)
Under the GDPR, data protection watchdogs in Europe have the ability to fine companies as much as 4% of their annual global sales. ...
Amazon posted its third $100 billion quarter in a row on Thursday, with revenue growing by 27% year over year to $113.08 billion
What a pathetic fine.
Had to look it up... Amazon reported $386.1 billion in global sales in 2020 [q4cdn.com].
A $887 million fine is 0.23% of that.
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"Jeff just spent $6b+ on a 10 minute jolly to space and back, this is not going to stop them breaking the law until Jail time is involved for the right people."
He's going to flee to space to avoid paying earthly taxes.
$887 Million? (Score:3)
Amazon: starts rummaging around in the break room sofa cushions.
Their lawyers... (Score:2)
...aren't even trying any more:
Amazon's processing of personal data did not comply
vs
There has been no data breach, and no customer data has been exposed to any third party
Why are Amazon's lawyers denying a data breach when they've been charged with non-compliant data processing?
Re: (Score:2)
Big ticket items only! (Score:2)