A large proportion of regulatory fines result from high risk customers slipping through the cracks, usually stemming from ineffective beneficial ownership analysis, customer risk rating or EDD. (lawyer-monthly.com)
We are likely to see controllers seeking uncapped or significantly higher caps on liability from their data processors under the GDPR in the face of higher regulatory fines and potential claims from data subjects. (hcrlaw.com)
Under GDPR, only one of these partners needs to be rotten to expose the corporation to huge regulatory fines plus serious reputational damage. (artificiallawyer.com)