Monday, 7 August 2017

Google and Facebook could be fined billions under new law

Google and Facebook could face fines stretching into billions of pounds if they breach users' privacy under a new law.
The fines are part of the Data Protection Bill which the Government is introducing to give citizens more control over their data.

It will place new requirements on companies about how they are allowed to hold and use data on ordinary citizens.

In the case of the most serious breaches of these rules, it allows the data regulator, the Information Commissioner's Office (ICO), to fine companies £17m or 4% of their global turnover, whichever is higher.

The fines for the largest companies which use individuals' data to sell advertisements, such as Google and Facebook, could stretch to billions of pounds.

Neil Brown, a solicitor at Decoded Legal, a law firm specialising in digital laws, told Sky News "it was unlikely that the regulator will go anywhere near the top level very quickly".

"Other corrective powers - including the power to ban a company from processing data - are likely to be the regulator's first port of call," Mr Brown said.

SKY      News.