8/11/2023 0 Comments Check point vpn![]() Companies must prioritize data privacy and security to avoid potential fines and reputational damage. “The GDPR fines are significantly impacting how businesses operate and handle data. Overall, businesses received 237 fines throughout the first half of 2023.Ĭybersecurity writer at Atlas VPN, Vilius Kardelis, shares his thoughts on GDPR enforcement: Interestingly, both months saw fines issued against Meta Platforms which control Facebook, Instagram, WhatsApp, and other apps.Īlthough March only saw €1.5 million in fines, it was the month when businesses received the most penalties for data violations, with a total of 46 penalties issued.įebruary was the month with the least amount of fines issued in H1 2023, with only 34 fines accounting for €2.6 million in penalties. January and May were particularly noteworthy, with nearly €400 million and €1.2 billion in fines, respectively. Throughout this time, businesses received 1679 fines combining to a sum of nearly €4 billion. On May 25th, GDPR celebrated its 5th anniversary. ![]() General Data Protection Regulation (GDPR) established by the European Union is a formidable legal framework designed to regulate the processing and transfer of personal data across member states.Īccording to the data analyzed by the Atlas VPN team, companies had to pay over €1.5 billion in GDPR fines through the first half of 2023.
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