Home > Reading Room > Data Protection and what could be...

Data Protection and what could be...

Written by Michael Coyle on 01 May 2017

« Return to Reading Room

Fines from the ICO against UK companies last year would have been £69m rather than £880,500. Currently the ICO can apply fines of up to £500,000 for breaching the Data Protection Act 1998. However once the General Data Protection Regulations ( GDPR) comes into force on 25 May, 2018, there will be a two-tiered sanction. Potentially up to £10 million or 2% of turnover or for the more serious violations it will be fines up $20 million euros or 4 per cent of GLOBAL turnover (whichever is greater). 

Ouch this would have caused severe implications for TALK TALK for example. Ouch. 

https://ico.org.uk/for-organisations/data-protection-reform/overview-of-the-gdpr/

If you'd like to know more about this article please send an email to Michael Coyle quoting the article title and any questions you might have, alternatively call the office number on 02380 235 979 or send an enquiry through our contact form.

Want to speak
to someone?

Complete the form below and we’ll call you back free of charge.

Visual Captcha