Why GDPR is big deal in cyber security?

Why GDPR is big deal in cyber security?
Last years cost of security breaches in Europe is £1.4 billion.
90% of large organizations and 74% percent of small and medium-sized enterprises where breached. And current maximum fines is set to maximum of £500,000.

In 2018, if the current trends continue and if GDPR regulators enforce the fines it will 90 times more than the current maximum fines, would result in £112billion. Large enterprises would see fines up to £70billion, 130 times more than current level.



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