General Data Protection Regulation (GDPR)
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.