In July 2019, UK Information Commissioner’s Office (ICO) announced its intention to fine two companies for violating the European Union’s General Data Protection Regulation (GDPR). ICO began by disclosing its intention to penalize British Airways in the amount of £183 million (approximately $224 million) on 8 July.
Cyber security may be about to become more than AOB for organisational boards across the country. British Airways has been struck with a record-breaking £183-million fine as a result of its data breach last year in which around 500,000 customers had their data stolen, including credit card and CVV numbers.
What’s happened? British Airways is facing a record fine of £183 million, after its systems were breached by hackers last year and the personal and payment card information of around 500,000 customers were stolen. 183 million quid!? That sounds huge! Yes, it’s the biggest fine ever handed out by the UK’s Information Commissioner’s Office (ICO).
The California Consumer Protection Act (CCPA), set to go into effect in January 2020, will have a big impact on companies that do business in California or collect the personal information of California citizens. Driven by growing public demand for privacy, CCPA is the latest in a line of regulations that gives individuals greater control over how their personal data can be collected, stored, purchased, or shared by private companies. Wondering what CCPA means for your business?
