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Breaching your privacy cost these companies millions

Lovemoney Logo By Daniel Coughlin of Lovemoney | Slide 1 of 32: In the cyberage, personal data is easier to share than ever, but that also makes it more vulnerable to hackers who want to profit from it. In response authorities across the world have been cracking down on data breaches. The EU’s new General Data Protection Regulation (GDPR) rules allow fines of $22.5 million (£18m) or 4% of the company’s turnover, while the USA and Canada have tightened regulations, so that a serious hack can cost a company more than some disgruntled customers. From British Airways's record-breaking $230.3 million (£183.4m) fine to the supersized settlement Facebook faces following the Cambridge Analytica scandal, here are the heftiest data breach fines ever...

The steepest data protection penalties ever

In the cyberage, personal data is easier to share than ever, but that also makes it more vulnerable to hackers who want to profit from it. In response authorities across the world have been cracking down on data breaches. The EU’s new General Data Protection Regulation (GDPR) rules allow fines of $22.5 million (£18m) or 4% of the company’s turnover, while the USA and Canada have tightened regulations, so that a serious hack can cost a company more than some disgruntled customers. From British Airways's record-breaking $230.3 million (£183.4m) fine to the supersized settlement Facebook faces following the Cambridge Analytica scandal, here are the heftiest data breach fines ever...

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