Financial services sector most frequently fined for GDPR breaches

Ireland yet to issue any fine for breach of recent EU data-protection regulation

Ireland is among eight countries that have yet to levy fines for GDPR for breaches.

Ireland is among eight countries that have yet to levy fines for GDPR for breaches.

The financial services sector has incurred the greatest number of fines of any industry in Europe on due to breaches of the European Union’s General Data Protection Regulation (GDPR) data-protection rules.

The GDPR rules came into force on May 18th, 2018, and to date have led to 68 fines across 20 European countries, with the Czech Republic, Germany and Hungary accounting for the most fines at nine each. Belgium, Greece, Italy, Lithuania, Malta, Netherlands, Portugal and Sweden have issued only one fine each.

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