Where does the GDPR fine money go?

On 8 July 2019, the UK’s ICO issued British Airways with a £183 million penalty for violations and just one day later levied a £99 million fine against hotel chain Marriott. Google was hit with a €50 million fine by French authorities, and at least 70 enforcement actions have been taken in total across the EU little more than a year after the new regulations came into force.

But the destination of this money, which has the potential to exceed billions in the next few years, has been the subject of uncertainty. The relatively untested one-stop-shop principle, too, may lead to tensions brewing as data protection authorities wrestle over claims for jurisdiction with regards to mammoth investigations

Full article: GDPR: Where does the fine money go? | IT PRO