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Can a person be charged above the ammount of damages by laws as a fine?

Added after edit: Is there any clause in the Constitution of California that prevents a law from attaching fines that are worth more than the actual damage that was caused by violation of the law?
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The jurisdiction is : USA -> California

The law used as example is: CCPA

The CCPA states that if someone fails to respect a user's privacy rights, the website owner may be charged $7,500 per visitor or violation. Now, let's say a company has 10 million users from California. The website either fails to delete IP logs of the visitors or suffers a data breach. The company only makes $100,000 per month through ads, with operations costs of $10,000 per month.

Can the company be given a $7,500 * 10 million = $75 billion dollar fine? Are there any laws that prevent this?

In general, can any law just demand any amount from anyone?