Japan's Lower House has given the green light to a revision of its data protection law. The novelty: repeat-offending companies will face fines equivalent to the profits obtained illegally. A measure that seeks to end the culture of paying the fine as just another business expense.
The algorithm also pays: how sanctions will be calculated 💸
The bill specifies that the fine amount will be calculated based on revenue derived directly from the misuse of data. This forces companies to audit their information flows and implement precise traceability systems. For developers, this means integrating consent logs and more robust opt-out mechanisms, as any leak or unauthorized sale will have a cost directly linked to the profit obtained.
Creative fines for creative CEOs 🎯
Finally, a law that speaks the language of business. If you sell user data on the sly, they won't take away your driver's license; they'll take away the money you made from the scam. It's like in Monopoly, instead of going to jail, they confiscate the green houses you built with fake money. Now executives will think twice before seeing their customers as mere products on sale.