GDPR Violation Penalties Increased 113% in Past 12 Months
It has been more than 3 years since the EU General Data Protection Regulation (GDPR) took effect, and while there was a slow start to policing compliance with the GDPR, the number of violations being discovered has been increasing, as have financial penalties for noncompliance.
Data Protection Authorities across the EU 27 member states have been increasingly focused on implementing the GDPR and that focus has resulted in more GDPR violations being uncovered. New data released by Finbold show the cumulative number of GDPR violations increased by 113.5% in the past 12 months from July 2020 to July 2021. Violations increased from 332 to 709 in 2021, with the number of fines rising by 124.92%. As of July 2020, the cumulative fines were €130.69 million with the total rising to €293.96 million in July 2021.
Source: GDPR Violation Penalties Increased 113% in Past 12 Months – Compliance Junction