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“GDPR sets forth fines of up to 10 million euros, or, in the case of an undertaking, up to 2% of its entire global turnover of the preceding fiscal year, whiche
by gattilorenz 4y ago
“GDPR sets forth fines of up to 10 million euros, or, in the case of an undertaking, up to 2% of its entire global turnover of the preceding fiscal year, whichever is higher”
Generally speaking, GDPR violations won’t be addressed with a slap on the wrist, apparently
- retSava 4y agoI think it's about time they went into action with that then.
- miroljub 4y ago> Generally speaking, GDPR violations won’t be addressed with a slap on the wrist, apparently So, when they plan to actually start fining? > "2% of its entire global turnover of the preceding fiscal year" I'd like to see this fine in the case of Meta and Google, but we both know it'll never happen.
- phoronixrly 4y agoWhat do you mean when? Check 'Highest fines: individual' here https://www.enforcementtracker.com/?insights https://www.enforcementtracker.com/?insights
- mpweiher 4y agoClose, but that 2% is actually half of the maximum: "The less severe infringements could result in a fine of up to €10 million, or 2% of the firm’s worldwide annual revenue from the preceding financial year, whichever amount is higher." "The more serious infringements go against the very principles of the right to privacy and the right to be forgotten that are at the heart of the GDPR. These types of infringements could result in a fine of up to €20 million, or 4% of the firm’s worldwide annual revenue from the preceding financial year, whichever amount is higher." https://gdpr.eu/fines/ https://gdpr.eu/fines/