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.
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.
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.
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.
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.