Yet nobody will be fired..
The problem with these fines is that organisations pay up and there's no long term change in attitude, sure they'll do something in the short term as people try to cover their own backs but there's no fundamental shift in attitudes to IT and information security as the same managers, who usually have it as a very low priority remain in post.
The head of their IT department should be sacked for poor IT strategy and management, the manager of the offices where the laptops were stolen due to the poor physical security (regardless of encryption) should also find their job on the line. The role, of their IT security staff should also be checked to see if it's advisory (as many are) and whether those staff need extra backing from the senior management team - which is lacking in most organisations.
Until people know that their jobs are genuinely at risk for this sort of breach they'll never put the necessary importance on IT/info security.