📜 ⬆️ ⬇️

British Airways airline will be fined a record $ 230 million for leaking customer data



Image: Unsplash

The British regulator in the field of personal data protection announced the largest fine within the GDPR. British Airways will have to pay £ 183.39 million pounds sterling ($ 230 million) for failing to protect the information of its customers.
')

What is the problem


In the summer of 2018, attackers hacked into the British Airways airline website. As a result, they managed to redirect visitors to their own fraudulent resource. On this site, users were offered to enter their personal data, as a result, information of 500 thousand people was compromised.

Hackers stole data on credit cards of passengers of the company, their addresses and information about flights. The incident was first reported in September last year.

Punishment Details


The Office of the Information Commissioner for the United Kingdom (Information Commissioner's Office, ICO) imposed a record fine on the company in the amount of £ 138 million.

British Airways will be punished under the new regulations of the GDPR (General Data Protection Regulation). According to the standards that came into force last year, companies are required to report leaks of their clients' data to the ICO. The maximum penalty for non-compliance with the rules is 4% of the company's annual income.

Based on this, British Airways received no maximum penalty - the amount of the fine was 1.5% of its annual revenue in 2017.

However, this is still the largest fine imposed on a business as part of the GDPR. Previously, 500 thousand pounds was considered a record - Facebook had to pay them on the results of a scandal with the disclosure of user data to a third-party company Cambridge Analytica.

Other materials on finance and stock market from ITI Capital :

Source: https://habr.com/ru/post/459747/


All Articles