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Cybersecurity, EU countries amass € 171.3 million in GDPR fines in 2020

Finbold: EU countries has been fined by € 171.3 million in 2020 for 299 GDPR violations. Italy and United Kingdom the most hit with 59.5% of all the fines

EU countries has been fined by € 171.3 million in 2020 for 299 GDPR violations. It has been revealed by a Finbold report. According the document, Italy accounts for the highest fines at €58.16 million of the total fines from 34 violations. The United Kingdom ranks second with €43.9 million from only three violations. The two countries cumulatively account for 59.5% of all the EU GDPR fines. Germany is third at €37.39 million from three major violations. Sweden’s 15 violations attracted €14.27 million in fines, while Spain closes the top five categories with €8 million in fines arising from 128 incidents. In 2020, a total of 299 fines were registered in the EU. The fines comes after over two years since the General Data Protection Regulation (GDPR) was implemented in the EU and EEA back in May 25, 2018.

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