21 Jun Infographic: The 5 Biggest GDPR Fines To Date
Infographic: The 5 Biggest GDPR Fines To Date
Since the introduction of the GDPR regulations in 2018, companies have had an increased responsibility to protect the data of their employees, clients, and collaborators. Breaching the GDPR violations can prove to be a very costly mistake, since the potential fines for doing so are substantial – even for large companies.
Despite GDPR having been in force for only a short period of time, its impact on the business world has been significant, as most businesses have had to introduce new data protection processes, and hire employees whose role is entirely dedicated to ensuring user data is properly collected, stored, and (if necessary) deleted.
Even though most businesses have generally adapted fast to the changed regulatory environment, a number of very large companies, who will have been fully aware of the regulations (and of the potential penalties for breaking them), have been found responsible for some serious breaches of the required data protection protocols.
This has resulted in some enormous fines being handed out, and in this infographic, we’ve outlined the 5 biggest ones so far.
The size of the figures involved is eye-watering, to the extent that now even the most lackadaisical of organisations will surely think twice before violating the GDPR regulations!
About KCS Compliance