|
Following the adoption of the new EU General Data Protection Regulation (GDPR) on 27 April 2016, most organisations began to re-examine their internal processes and procedures in order to ensure compliance with the new requirements before its entry into force in May 2018. In this tenth article, we chose to focus on the enforcement regime introduced by the GDPR.
The GDPR will introduce significantly increased administrative fines up to EUR 20,000,000 or, in the case of an undertaking, 4% of the total worldwide annual turnover, whichever is the highest. Whereas administrative fines deriving from current EU data protection rules are not deterrent, the GDPR exposes businesses to a very high financial liability and provides supervisory authorities with greater enforcement...
|