Reply to post: GDPR

Carphone Warehouse cops £400k fine after hack exposed 3 MEEELLION folks’ data

Anonymous Coward
Anonymous Coward

GDPR

Best get that penalty in before GDPR comes into force in May...

https://www.itgovernance.co.uk/dpa-and-gdpr-penalties

When the EU General Data Protection Regulation (GDPR) is enforced from 25 May 2018, breached organisations will find the fines they face increasing dramatically.

From a theoretical maximum of £500,000 that the ICO could levy (in practice, the ICO has never issued a penalty higher than £400,000), penalties will reach an upper limit of €20 million or 4% or annual global turnover – whichever is higher.

Even with Brexit, this legislation will be copied into UK law word for word (otherwise the UK wouldn't be deemed a safe harbour of data).

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