£500k data loss fine could hit from April

As reported recently online by Nick Heath and others Companies that lose individuals’ sensitive personal data will face a fine of up to £500,000 under powers expected to come into force from April.

The powers will allow the UK’s privacy watchdog, the Information Commissioner’s Office, to fine private and public sector organisations that commit a serious breach of the Data Protection Act.

Justice minister Michael Wills laid a statutory instrument before Parliament on Tuesday, setting the maximum fine at £500,000. The instrument will become law by default on 6 April this year, unless Parliament objects.

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