Share on LinkedInShare on LinkedIn

ARTICLE · 08 NOVEMBER 2019

High Fines For Breaches Of Data Protection Laws - But Right Now?

Dentons
Dentons
Contributor
Dentons

Dentons

The Firm Across over 80 countries, Dentons helps you grow, protect, operate and finance your...

View firm profile
Explore more from Dentons

Data protection deficits are becoming extremely expensive, especially for small holdings of global corporations in Germany.

GermanyPrivacy

Data protection deficits are becoming extremely expensive, especially for small holdings of global corporations in Germany. However, other companies should also take the latest publication of the Data Protection Conference of the Federal Government and the Federal states ("DSK") on the future assessment of fines as an opportunity to thoroughly examine their handling of personal data and to ensure data protection compliance.

Up to 4% of the worldwide annual turnover are threatened by companies for breaches of certain data protection regulations. This is a wide area for regulatory discretion. Almost 1.5 years after the GDPR, which created the basis for these sensitive fines, came into force, the DSK presented a concept on how the German data protection authorities should determine fines in the future (available at https://www.datenschutzkonferenz-online.de/media/ah/20191016).

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from