A total of €171.3 million fines have been issued against European countries in 2020 alone between Jan 1, 2020 and Jan 1, 2021, said Finbold.com that recently released it GDPR Fines Report.
The GDPR Fines 2020 Report reveals that Italy accounts for the highest fines at €58.16 million of the total fines from 34 violations while the UK ranks second with €43.9 million in fines from only three violations.
The two countries cumulatively account for 59.5% of all the EU GDPR fines. Germany is third at €37.39 million from three major violations.
Sweden’s 15 violations attracted €14.27 million in fines, while Spain closes the top five categories with €8 million in fines arising from 128 incidents. In 2020, a total of 299 fines were registered in the EU.
On specific incidents, Germany’s H&M Hennes & Mauritz online Shop AB & Co. KG was fined €35,25 million for data protection violation.
This is the biggest single fine on a specific data breach incident in 2020, Finbold.com pointed out.
Italy’s TIM, a telecommunication operator, received the second-highest fines at €27,8 million. British Airways is third after amassing fines of €22,04 million, according to the company.
The fine comes after over two years since the General Data Protection Regulation (GDPR) was implemented in the EU and EEA back in May 25, 2018.