Banks to face fines totalling €4.7bn in first three years under GDPR

Sooraj Shah
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Historical data gives indication of how much banks will pay in fines once GDPR is enforced
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Historical data gives indication of how much banks will pay in fines once GDPR is enforced

Report warns that banks are not prepared for the 72-hour breach notification requirement

European financial institutions could face fines totalling €4.7bn in the first three years under the incoming General Data Protection Regulation (GDPR). That's according to a new report from Consult...

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