2018 has already seen companies hit with sizable fines and settlements due to data breaches. Uber’s handling of its 2016 breach has cost it close to $150 million. Weakly protected and heavy-regulated health data has cost medical facilities big, resulting in the US Department of Health and Human Services collecting increasingly large fines. There could be even bigger fines in the horizon now that the European Union’s General Data Protection Regulation (GDPR) has come into force.
Read about the biggest data breach penalties enforced by regulators for 2018 on CSO Online.