Now, I expressed the belief that $100,000 was a pretty trivial penalty for a significant breach violation. A member of the government on a television panel that we were participating in said that the $100,000 actually would apply to each of the individual violations. If there were 100,000 individuals affected by that breach, it would be multiplied. A possible penalty could be multiplied by $100,000. Is that correct or incorrect?
On May 1st, 2018. See this statement in context.