Consult Hyperion forecasts banks to face fines totalling €4.7bn in first three years under GDPR

• Financial institutions may experience 384 data breaches with fines as high as €260m per breach
• European regulations such as PSD2, ePR and AMLD4/5 will compound the issue by opening additional liabilities
• Report urges banks to focus on breach response…
Source: Bobs Guide Latest News

Related Posts

Leave a reply