“The Information Commissioner’s Office (ICO) will be able to order organisations to pay up to £500,000 as a penalty for serious breaches of the Data Protection Act,” said an ICO statement. “The ICO has produced statutory guidance about how it proposes to use this new power, which has been approved by the Secretary of State for Justice, and was laid before Parliament earlier this week.”
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It is clear that there is now a narrow window of opportunity for organisations to review their privacy practices and information governance in order to prepare for what will be the much more hostile regulatory environment to come.
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