Discussion in 'Article Discussion' started by bit-tech, 15 Sep 2017.
So when this passes into law does that mean the ICO is going to fine the government for disregarding the privacy of our data with the Snoopers Charter.
More capped fines that will prove zero deterrent for the companies that need to be given a serious slap when they fail to actually follow procedures they are legally obliged to adhere to.
Go with a percentage of (pre-tax) profits. A half-million fine for a small company is fatal. An 18 million fine for a small or small/medium business is fatal. But for a big multi-national corporation it is absolutely peanuts. And it is likely that many factors of ten more people will be affected when a large company gets hit.
Apparently they've also set a 4% of global turnover.
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