EU To Increase Fines Under Privacy Law Changes

Law360, New York (December 5, 2011, 8:44 PM EST) -- The European Commission will reportedly fine companies as much as 5 percent of their global sales for failing to properly manage personal information under sweeping reforms to its privacy directive set to be unveiled next month.

As part of the first changes to the European Data Protection Directive since its establishment in 1995, national and international companies found to have mishandled any personal data they hold from their customers, suppliers or own employees will face increased fines of up to 5 percent of their global turnover,...
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