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Despite being inclined to have firms collect endless amounts of data on their customers, the British government does at least want them to protect it. Accepting a new EU law, known as the General Data Protection Regulation (GDPR), means that when introduced in 2018, British firms will be mandated to disclose any breaches that occur, and could be fined if enough protections are not in place.
Over the past few years we’ve seen a number of high profile companies hit with big data breaches as hackers steal away user information by the truckload. In some cases these companies let their users know straight away, but in others it can take weeks, months or even years before the public is made aware. To combat that in future, it is now a legal mandate that firms must disclose the information in a timely manner.
Read More: http://www.kitguru.net/gaming/security-software/jon-martindale/british-companies-to-face-big-fines-if-data-breaches-occur/














