Fraud News

The ICO divvied out £3.2m worth of data breach fines last year

Author: Sooraj Shah / Source: http://www.theinquirer.net

The ICO divvied out out £3.2m worth of data breach fines last year

THE INFORMATION COMMISSIONER’S OFFICE (ICO) handed £3.245m worth of fines in 2016, an increase of £1.2m from 2015.

That’s according to the latest report from PwC, which analysed the ICO data protection enforcement actions over the past five years.

It found that the number of data privacy issues had almost doubled between 2015 and 2016 from 18 to 35, and that the UK was one of the most active regions for regulatory enforcement action in Europe last year, along with Italy which handed out €3.3m worth of fines.

Overall, the UK’s data watchdog made more privacy enforcements in 2016 (104) than in any of the previous four years. This included monetary penalty notices, prosecutions, enforcement notices and undertakings.

Another study of the ICO’s figures by security software company Egress found…

Click here to read more

Click Here to Read More

Click to comment

Leave a Reply

Your email address will not be published.

Most Popular News

To Top