Fines for GDPR data breaches total HUF 87 mln this year
By Wright Studio/shutterstock.com
Hungaryʼs data protection authority NAIH levied fines of a combined HUF 87 million over violations of the European Unionʼs data protection regulation (GDPR) this year, NAIH head Attila Péterfalvi said on Wednesday, state news wire MTI reports.
Image: Wright Studio/shutterstock.com
Péterfalvi noted that the fines are yet to be harmonized at EU level. In Hungary, organizers of the Sziget music festival were fiend HUF 30 mln, the largest amount, and a financial institution was fined HUF 25 mln, he added. Budapest public transport company BKK was fined HUF 10 mln and the opposition Democratic Coalition (DK) party HUF 11 mln, he said.
In view of the increased workload relating to the GDPR, the government has increased NAIHʼs budget to HUF 1.5 billion in 2020 from HUF 560 mln in 2016.
ADVERTISEMENT
Number of Liquidations Increasing Rapidly
Orbán's Salary Increased to HUF 4.178 mln
Hungary Tops out HUF 300bn Munitions Complex
Around 2,800 Events Take Place in European Capital of Cultur...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
