Average data breach fine doubles in one year
City AM reports that the average financial penalty issued by the UK regulator for data fines has doubled over the last year, and now stands at £146,000. City law firm RPC, which made the calculations, also concludes that fines imposed by the Information Commissioner’s Office (ICO) in the twelve months to September 30 th 2018 increased to near the £5m mark – an increase of 24% on the same time span in 2017.
