Dixons Carphone data breach GDPR implications
The Dixons Carphone data breach GDPR implications is something that’s a little unclear at present. The data breach took place last year but was only announced this year.
Irrespective of whether we will see a Dixons Carphone data breach GDPR fine or not, we’re taking legal action, and we’re representing victims of the breach on a No Win, No Fee basis for compensation claims.
But, will Dixons Carphone be hit with a huge fine off the back of the new GDPR regulations?
Dixons Carphone data breach GDPR fine could amount to millions
In theory, a Dixons Carphone data breach GDPR style fine could run into the millions.
The new powers afforded to the UK’s data regulator, the Information Commissioner’s Office (ICO), means that they can fine organisations who commit a data breach up to £17m or 4% of their annual turnover.
The point of these huge fines is to shift organisational attitude to one of preventing data breaches before they happen. If they don’t, they will have to pay a heavy price.
Will they be fined millions?
Amid shares falling and pre-tax profits down by 24%, which is said to be linked to the Dixons Carphone data breach, and almost 100 stores being closed, the news is bleak for Dixons Carphone right now.
A Dixons Carphone data breach GDPR style fine would be another headache to deal with.
The data breach took place last year, which means it was before the change in the laws, yet it has taken almost a year to publish news of it. The news broke after the deadline. So, Dixons Carphone will reportedly be required to take a number of GDPR steps in the wake of the breach, but will the breach itself attract a huge fine?
It should not be ruled out.
The alternative is they could receive a fine similar to the one for their Carphone Warehouse data breach in 2015, which was £450,000.00.
It’s a mega breach
The Dixons Carphone data breach is a huge one. Some 5.9m payment card details have been exposed, together with some 1.2m personal records.
It’s undoubtedly a mega breach, and we’ve been left wondering whether it’s this year’s big data breach. It probably is.
Last year we had the huge Equifax data breach, and this year we have the Dixons Carphone data breach.
The recent huge Ticketmaster data breach is close on its heels though in terms of the severity of the information leaked as opposed to the number of victims.
Are you affected by the Dixons Carphone data breach?
We’re representing victims of the Dixons Carphone data breach on a No Win, No Fee basis.
If you have been affected and you would like to know more about how we can help you, please contact our team for free, no obligation advice.
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