[foob]

For reference, Equifax leaked the personal information of 147 million people (myself included). Multiplying that by $50k is over 7 trillion dollars. In actuality, they were ordered to pay up to $700 million in total which works out to about $4-5 per person. I agree with you, but the gap between what you propose and the status quo is staggering.

[precommunicator]

So yeah, in this case Equifax would go bankrupt and other companies would get very valuable lesson to spend more money at security side of things. I see no issue here.