New Breach Fines Effective Tuesday
PRIVACY LAW—UKApril 5, 2010
The Information Commissioner's new fining powers--up to £500,000 for serious breaches--begin tomorrow, but a survey shows that many are unaware of the change, reports The Register. Parliament approved the new powers three months ago in order to deter negligent breaches, but a Cyber-Ark study has found that 65 percent of workers have not been informed. According to the survey, 64 percent of respondents carry customer data on mobile devices, and just 12 percent using encryption. Some say many organizations think they are invincible to data breaches, and the fines will make little difference in corporate behaviour. Stonewood CEO Chris McIntosh says the fines do not "address the crucial issue of organisations trusting to luck."