GDPR in Practice: Compliance and Fines
Mamnoon Hadi
Head of Analytics & Insights, Readdle
What you will learn:
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 while Data Processor (example - payment providers like Stripe, PayPal) handles the data
Violation: breach of GDPR data protection by design and data minimization
ICO fine/penalty: £20 million fine (reduced from £183 million)
Impact: personal info exposed, including credit card details, huge financial liability & trust loss
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