Estimated reading time: 0 minutes, 24 seconds

Fines Under Europe’s Privacy Law Top $126M Already

Total financial penalties for data breaches under Europe’s stricter privacy rules have already exceeded 114 million euros, or $126 million, according to law firm DLA Piper. So reports Reuters.

gdpr 3285252 1920The General Data Protection Regulation (GDPR) came into force in mid-2018. Enforcement has varied between countries, with France applying the biggest fine of 50 million euros against Google.

The fines, which can reach as high as 2%, or sometimes 4% of global revenue, will probably rise as litigation sets legal precedent.

Read the full article from Reuters

Read 2810 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.