UK companies will face far tougher fines if they lose customers’ info in data breaches

LONDON — Companies that expose their customers information in data breaches could face far harsher penalties — including fines of up to 4% of their global annual turnover. On Monday, the British government announced plans to strengthen UK data protection law with the a new Data Protection Bill. Among the plans laid out in the Continue reading UK companies will face far tougher fines if they lose customers info in data breaches
http://community.office365cloudsupport.com/office-web-apps/uk-companies-will-face-far-tougher-fines-if-they-lose-customers-info-in-data-breaches

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