Avast, the cybersecurity software company, is facing a $16.5 million fine after it was caught storing and selling customer information without their consent. The Federal Trade Commission (FTC) announced the fine on Thursday and said that it’s banning Avast from selling user data for advertising purposes.
Do we know how much money they made on it? If it was more than $16.5 then it was still a good step on their balance sheet.
This stuff needs to be fined at the full income they made from the tool plus some penalty. Corporations only care about their balance sheets.