Extract from Dan Clark's article "Larger GDPR Fines Are on the Way, Privacy Experts Say"
Just shy of one year into the European Union’s General Data Protection Regulation, companies and their legal departments should double-check they are keeping up with the law or face fines and other punishments, according to experts.
The GDPR was implemented May 25, 2018, and in the first year fines were not as large as anticipated.
Todd Marlin, a principal and forensic data analytics and data science leader at Ernst & Young, said the average fine has been approximately 70,000 euros. He would also expect the fines to grow in size as time goes on.
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