UK organisations were handed a record £4.2m in data protection fines last year, up nearly a million pounds from the previous year.
As new GDPR laws will see companies risk even larger fines for failing compliance, analysis finds that last year the Information Commissioner's Office (ICO) dealt 54 financial penalties in total for breaching current data protection laws.
While 14 of the penalties issued did reach more than £100,000, GDPR fines which come into force this Friday could see businesses pay up to 20 million euros (£17.5 million) or 4 per cent of global turnover, depending which is higher.
With the biggest changes to data protection law for over 20 years coming into force this week, the...