A recent
survey issued by PwC has highlighted the record
level of fines issued by the Information Commissioner's Office
(ICO) in 2016; however once the General Data Protection Regulation
(GDPR) comes into force on 25 May 2018 – with fines of up to
€20,000,000 a single fine alone could be over the ICO's
current yearly fines!! If you are already preparing for the GDPR,
your organisation has less than a year to do so.
Within the EU, the UK, in 2016, issued 35 fines and was one of
the most active member states for regulatory enforcement action in
relation to data protection, closely followed by Italy which issued
3.3 million euros worth of fines for individual data protection
breaches (for more information, please click
https://www.macroberts.com/fines-under-the-gdpr-lessons-from-italy/here).
This is almost double the number of fines issued in 2015, where
only 18 fines were issued. The EU has, traditionally, had low
volumes of regulatory action in comparison to
