Context: European regulators imposed EUR114 million in fines for GDPR violation.
France, Germany and Austria topped total value of GDPR fines with over EUR51 million, EUR24.5 million and EUR18 million respectively.
General Data Protection Regulation (GDPR)
The European Union started enforcing General Data Protection Regulation (GDPR) in May, 2018, a legal framework that sets guidelines for collecting and processing individual’s personal data.
6 lakh data breaches have been reported so far; the Netherlands reported most violations, followed by Germany and the UK with 40,647, 37,636 and 22,181 each.
The GDPR was presented as a powerful instrument for European data privacy laws that could charge companies and set an example for the rest of the world on how to corporations should treat personal data.
The highest GDPR fine was levied on Google by France’s data protection regulator.