
A recent report published by Finbold, the online financial news and analysis portal, relating to fines sanctioned during 2020 for breaches of the European Union’s General Data Protection Regulation, has indicated that €171.3m in financial penalties was issued by data protection agencies in EU Member States during that 12-month period. In 2020, a total of 299 fines were registered in the EU.
Speaking about the report Finbold chief editor, Oliver Scott, said: “Despite campaigns to have organizations enact better measures to protect consumer data, the violations recorded across the EU remain significant with the law coming into place in 2018. It will be interesting to see if organisations will take up extra responsibility to prevent breaches in 2021. However, stakes remain high for companies to avoid risking regulatory action for breaches and protecting reputation alongside legal actions.”
Italy sanctioned the highest amount in GDPR financial penalties at €58.16 million of the overall amount of fines. This was made up from 34 separate GDPR breaches. In second place, the United Kingdom accounted for €43.9m in GDPR fines. However this was only in relation to three separate violations. Combined, the fines sanctione din the UK and Italy make up 59.5% of total figure.
The three fines in the UK were as follows:
- ICO Approve GDPR Penalty of £1.25m for Ticketmaster Breach
- British Airways Fined €22m by ICO for GDPR Breach Impacting Over 400,000 Customers
- Marriott hit with €20m ($23.8m) GDPR Fine
Included among the Italian fines were the following:
- Telemarketing Tactics Result in $12.25m GDPR Penalty for Vodafone Italy
- First GDPR fine issued by Italian Data Protection Authority
- More GDPR Penalties applied in the UK than in Italy & France Combined
Among the other nations included in the top ten Germany ranked tenth with €37.39m and three major breaches, Sweden accounted for 15 breaches with €14.27m in GDPR penalties, while Spain had €8m in GDPR fines with 28 incidents.
The top ten was comprised as follows:
- Italy – €58,161,601
- United Kingdom – €43,901,000
- Germany – €37,398,708
- Sweden – €14,278,800
- Spain – €8,021,210
- France – €3,309,000
- Netherlands – €2,080,000
- Norway – €1,050,800
- Belgium – €793,000
- Ireland – €630,000
Some of the biggest fines for individual breaches of GDPR during 2020 included:
- Google Loses Appeal of €50m GDPR Fine
- H&M Fined €35m in Germany for GDPR Breaches Related to Staff Record Keeping
- First GDPR fine issued by Italian Data Protection Authority
- British Airways Fined €22m by ICO for GDPR Breach Impacting Over 400,000 Customers
- Marriott hit with €20m ($23.8m) GDPR Fine
- Telemarketing Tactics Result in $12.25m GDPR Penalty for Vodafone Italy
- Google Fined $8m by Sweden for Right-to-be-forgotten Breaches