shutterstock_490960141-1

Industry News: ESG5

      GDPR Fines Skyrocket As EU Gets Tough On Data Breaches

      Jan 22, 2021 9:12:05 AM

      2021-01-19

      Engadget: Europe’s new privacy protection regime has led to a surge in fines for bad actors, according to research published today. Law firm DLA Piper says that, since January 28th, 2020, the EU has issued around €158.5 million (around $192 million) in financial penalties. That’s a 39-percent increase on the previous 20-month period Piper examined in its report, published this time last year. And as well as the increased fines, the number of breach notifications has shot up by 19 percent across the same 12-month period.

      Read more...

      Topics:EMEA

      About Castle Hall Diligence

      Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

      Subscribe to Cyber Updates