InsurTech Center

Privacy experts: Expect larger GDPR fines

Risk managers and cybersecurity executives can anticipate larger fines for failing to comply with Europe's General Data Protection Regulation.

By Dan Clark | May 21, 2019 at 12:00 AM

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Just shy of one year into the European Union’s General Data Protection Regulation, companies and their risk managers should double-check they are keeping up with the law or face fines and other punishments, according to experts.

The GDPR was implemented May 25, 2018. In its first year, fines were not as large as anticipated.

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