“Learning The Lessons” – Why GDPR Compliance Matters
It is well over a year now since the EU General Data Protection Regulation (GDPR) came into effect. It was a defining moment in the history of data privacy. It shone a spotlight on data protection, helping to turn it into a top priority for organisations worldwide. It engendered stricter laws in California, New Zealand and Brazil and a range of other states and countries.
According to the European Data Protection Board, regulators in 11 countries issued fines totalling €56 million for GDPR violations over the first year of GDPR. Recent months, however, have seen some particularly high-profile cases and heavy fines announced. In July, the UK watchdog, the Information Commissioner’s Office (ICO) issued notice of its intention to fine British Airways £183.39 million for GDPR infringements. The following day, the ICO reported that it intended to fine hotel chain, Marriott International $111.5 million for GDPR infringements relating to a 2018 cyber incident.