29 Oct 2018
Britain’s Information Commissioner’s Office has increased the total value of fines in the past year, which was marked by a number of penalties being issued to high profile firms.
The average value of its fines doubled to reach £146,000 and the total value of the fines rose to just below £5 million, or a 24% rise, according to data by London-based law firm RPC, quoted in City AM.
“A doubling in the average size of a fine should serve as a wake-up call to businesses. However, political pressure is mounting,” said RPC’s Richard Breavington.
Big names hit include British Telecommunications (BT), which was fined £77,000 in June this year after it sent out almost 5 million nuisance emails to customers, and Equifax, which was issued the then maximum penalty of £500,000 for failing to protect the personal information of millions of British citizens during a cyber attack.
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