LONDON - Britain’s data regulator said Monday it wants to fine British Airways 183 million pounds ($229 million) over a data breach that compromised information on half a million customers — the biggest to date under new, tougher data regulations. The scam saw customers diverted to a fake website where credit card details were harvested by the attackers. When an organization fails to protect it from loss, damage or theft it is more than an inconvenience,” Information Commissioner Elizabeth Denham said. It comes about a year after European Union member states began implementing the most sweeping change in data protection rules in a generation. Authorities can fine companies up to 4% of annual revenue or 20 million euros ($22.5 million), whichever is higher, for breaching the rules.

Source: thestar July 08, 2019 11:37 UTC