When Amazon was slapped with a €746m ($726,1m) fine last year for violating the EU’s data protection rules, it more than doubled the size of financial penalties handed out under the bloc’s General Data Protection Regulation (GDPR) since it came into force in 2018. It also sent a clear message
EU data rules are ‘heavy burden’ for business as fines increase
Four years ago, the EU introduced regulation to give customers more control over their personal data and to make organizations more accountable for how they use and protect that data. So what has the impact of GDPR been?