PQ magazine is for part qualified accountants.
Read the latest web issue here – if you like what you see sign up today
Record data breach fines
11 July 2019
British Airways said it was “surprised and disappointed” by the largest ever fine (to date) issued by the UK’s Information Commissioner’s Office. It must pay out £183m, after hackers stole the personal data of 500,000 passengers. That’s 1.5% of BA’s turnover. The maximum fine is 4%.
BA had tried to argue that the hack was the result of criminal activity rather than its own IT failings. An appeal is expected.
Meanwhile, Marriott International has also been fine £99.2m for its data breach. The fine follows the ‘discovery’ of a leak, which exposed 339m guests’ personal information. Marriott’s Anne Sorenson said: “We are disappointed with this notice of intent which we will contest.”
Subscribe to RSS