ICO announces £500,000 data loss fines now in force
April 8th, 2010
Under new rules introduced by The Information Commissioner's Office (ICO) organisations can now face fines of up to £500,000 for breaking rules surrounding data protection.
"This new announcement from the ICO proves that data protection and adherence to privacy legislation such as PCI DSS is going to become more of a focus for all organisations over the coming years. Triton offer a DB2 Security Audit to help organisations running DB2 ensure that their critical databases are secure." Laura Hood, Marketing Manager Triton Consulting.
Both public and private sector organisations can be subject to fines if they deliverately or negligently lose data although the size of a company or organisation will be taken into consideration before a fine is administered.