Why GDPR Is Like A Toll Road
France, the country known for great wine and good food, can now also be known for something else, heavy GDPR fines.
Recently, France’s National Data Protection commission imposed a $57 Million (50 million euros) fine on Google for violating the GDPR regulations based on Google’s apparent inadequate privacy and data collection practices. The commission stated, “The amount decided, and the publicity of the fine is justified by the severity of the infringements observed regarding the essential principles of GDPR: transparency, information, and consent”. The commission further stated, “The violations are continuous breaches of the regulation as they are still observed to date.” And stated further in its penalty notice, “It is not a one-off, time-limited infringement.”
For those who read French, a longer version can be read here: https://www.cnil.fr/sites/default/files/atoms/files/san-2019-001_21-01-2019.pdf
Keeping in mind that the largest fine that could be imposed is 4% of Google’s annual global revenue which is $110.8 billion, this fine will certainly not hurt Google’s bottom line but does send a notice that the GDPR is a regulation not to be taken for granted.
And just like your local toll roads, once a government entity gets a taste of new revenue, it never goes away, but instead just increases in numbers and amounts charges and collected! It may be a smarter course of action, if not a lot cheaper, for organizations such as Google to take heed and advantage of leading-edge security solutions such as Spirion’s total protection of data at rest and at use. Not only will it save them money, but it will assure them of rapid and verifiable compliance.
Learn more about how Spirion can help you achieve compliance, visit our GDPR Compliance section.