Equifax slapped with UK’s maximum penalty over 2017 data breach

Credit rating giant Equifax has been issued with the maximum possible penalty by the UK’s data protection agency for last year’s massive data breach.

Albeit, the fine is only £500,000 because the loss of customer data occurred when the UK’s prior privacy regime was in force — rather than the tough new data protection law, brought in via the EU’s GDPR, which allows for maximum penalties of as much as 4% of a company’s global turnover for the most serious data failures.

So,...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Equifax [+]    Albeit [+]    GDPR [+]   

More #news: