Reply to post: Re: GDPR

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

Anonymous Coward
Anonymous Coward

Re: GDPR

penalties will reach an upper limit of €20 million or 4% or annual global turnover – whichever is higher.

No, potential penalties will. But other UK and EU regulators have had 10% of turnover fines for years, few fines have ever come anywhere near the limit. Post GDPR, we can expect that fines will go up significantly. But I'll be amazed if the actual fines are anywhere near the potential maximum.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019