4 ms·

From May 2018 in the EU the maximum fine for a data breach is €20m or 4% of global annual revenue. This is due to the GDPR.[0] [0] https://en.wikipedia.org/wik

From May 2018 in the EU the maximum fine for a data breach is €20m or 4% of global annual revenue. This is due to the GDPR.[0] [0] https://en.wikipedia.org/wiki/General_Data_Protection_Regulation https://en.wikipedia.org/wiki/General_Data_Protection_Regula...

isostatic 9y ago
So after a certain point, the bigger the company the lower the fine? 20 million is 0.01% of Apple's turnover.
- veddan 9y ago
  4% or 20 million, whichever is greater.
- zaarn 9y ago
  Whichever is greater, Apple would probably pay about 20 million * 400 (going by 0.01%) => 8 billion dollars. Which I think would hit Apple rather hard.