As businesses grapple with the GDPR fines and repercussions of non-compliance, it is crucial to identify and avoid the three common mistakes that have landed countless organizations in hot water.
With a total of €2.92 billion levied throughout the bloc in 2022, GDPR fines are up in spite of a small drop in the overall data breach count as the bloc eyes stronger regulation for AI.
DLA Piper finds that GDPR fines were up 7x in 2021. Data regulators are also receiving more data breach notifications, a trend that has steadily increased each year.
Issuing GDPR fines is just the first step of the process; at some point they have to be collected, and the UK ICO is struggling to do that with only a 26% success rate.
A new report from DLA Piper shows that GDPR fines are being handed out more frequently, with a jump of 39% in 2020 but there remains a strong disparity in the willingness of individual regulators to issue them.
