Data Protection and GPR
In the short time it takes you to read this page, it is a fact that someone, somewhere in the UK is reporting a data breach to regulators – with far-reaching repercussions for those who have been negligent.
The Information Commissioner’s Office (ICO) has revealed that since data protection and privacy laws were toughened up earlier this year, the number of reports highlighting a breach of data protection has soared to 600 a week.
During a typical eight-hour working day, that equates to a data protection breach being reported in the UK every four minutes. That should set alarm bells ringing in the board rooms of businesses large and small.
Should you fail to adhere to your new obligations under the General Data Protection Regulation (GDPR), you could be punished in the pocket with record fines – as much as 4% of your global turnover. As well as suffer reputational damage.
Based in Leeds, Harrogate and Pontefract, we pride ourselves on providing you with clear, efficient, fast and local advice on data protection and privacy laws, as well as GDPR.
Our data protection specialists can advise you on:
Data protection is no longer an issue to which businesses can turn a blind eye. We all know that ignorance of the law is no form of defence – and that’s especially so with data protection.
British Airways (BA) may be about to find out the true cost of GDPR to its business after a high-profile breach of data protection involving 380,000 customer transactions.
Despite BA’s quick reporting of the breach, the airline could still be hit by a huge fine under GDPR, which came into place on 25 May 2018.
Previously, the largest fine issued by the Information Commissioner’s Office (ICO) was £500,000. But under GDPR, firms can be fined up to 4% of global turnover – in BA’s case, that’s a potential £500 million penalty (and that’s without paying any compensation to passengers for the data protection breach).
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