The Information Commissioner’s Office (ICO) is cracking down on GDPR breaches by issuing fines to numerous businesses across the country.
As the first year in which the GDPR data protection regulations have completed, the regulators are stepping up their influence following the years outcomes.
In recent news, the ICO has begun issuing increasingly high fines to large, high profile companies in an attempt to make an example of those who are in breach of the law. What’s more, it has been reported that British companies have suffered over 10,000 data breaches since the GDPR came into force in May 2018.
Recent high profile fines include British Airways for £183.4m (1.5% of annual turnover) and Marriott International for over £99m. These were issued within 24 hours of each other, just one year after the GDPR became law.
The ICO is responsible for administering penalties to all industry sectors, meaning that these fines could also be enforced on much larger global companies.
Since the GDPR law was introduced, there has been a 175% increase in whistleblower reports to the ICO. This means individuals and companies are getting more confident with raising breaches that could ultimately put personal data in harms way.
Those that have not yet implemented processes to become compliant to the GDPR are at high risk of being in breach. Companies that are compliant must make sure that they are regularly updating systems and procedures to ensure they stay compliant.
Is your business still working towards GDPR compliance? Our GDPR Toolkit will you guide you through each step to ensure you have everything in place to adhere to the GDPR law.