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Companies that fall foul of GDPR can be - in extreme cases - fined more than £17m. If this is just an annual fine, simply pay as a tax of doing business in the
by le-mark 8y ago
Companies that fall foul of GDPR can be - in extreme cases - fined more than £17m.
If this is just an annual fine, simply pay as a tax of doing business in the EU. The companies listed won't even notice.
Hopefully it's per user or something more significant.
- jvzr 8y agoIt is very obviously the fine per incident, and can be accompanied with daily fines until resolution. This is definitely not a periodic fine to be paid every year to forego compliance.
- thisisit 8y agoThe fine is Up to €20 million, or 4% annual global turnover – whichever is higher. I doubt any of the listed companies will be happy paying 4% of their global turnover in fines.