GDPR in Practice: Compliance and Fines
Mamnoon Hadi
Head of Analytics & Insights, Readdle
What you will learn:
What is GDPR & its principle?
Who does it apply to?
Why does it matter?
Year: 2018$^1$
Compromised data: British Airways suffered a breach, exposing personal and financial data of 400,000+ customers
Failure: the ICO found that British Airways, as the data controller, had not implemented adequate security measures to protect customer data, which ultimately led to the breach
Role: British Airways is a Data Controller & decides how customer data is used and have more stringent duties, while Data Processor (example - payment providers like Stripe, PayPal) handles the data
Violation: breach of GDPR data protection by design and data minimization
- Regulatory consequences: enforcement by Data Protection Authorities (DPAs), penalties up to 4% of global revenue
- Risk of legal action from affected individuals: BA's Passengers could sue after their personal & credit card info was exposed
- Financial penalties: imagine paying £20 million or 4% of annual turn over for something easily avoidable
- Reputational damage:
What did we all learned from BA?
Key lessons:
Proactive measures:
GDPR in Practice: Compliance and Fines