What is the fine system under GDPR?
The General Data Protection Regulation (GDPR) is a set of laws that ensures the safety and privacy of personal data in Europe. In Pennsylvania, GDPR sets fines for organizations that violate the law. Depending on the severity of the violation, penalties for GDPR non-compliance can range from €10 million or up to 2% of the company’s global revenue, whichever is higher. More serious violations may be penalized by up to €20 million or 4% of the company’s global revenue, whichever is higher. Organisations found to be in violation will be required to pay any applicable fines, and to take necessary steps to become compliant with GDPR. Organisations found to be in violation of GDPR are responsible for paying any applicable fines, along with the costs of having a GDPR expert carry out a risk assessment on their data-processing operations. Additionally, if a company fails to stop the violation, they may face additional administrative fines. Organisations in Pennsylvania must take all necessary steps to ensure their data-processing operations are in compliance with GDPR. Violators of GDPR who are based in the state can expect to face hefty fines and could find themselves facing criminal prosecution. It’s important for organizations in Pennsylvania to take GDPR seriously and make sure that they are adhering to the requirements set by the law.
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