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Equifax's slow response in notifying its EU data subjects under the imminent EU GDPR might have proven even more disastrous for the company, as forseen regulatory fines in the future under the regulation, with its global reach, will not continue to be a mere slap on the wrist. Data Protection fines will now be on par with that of unfair competition, not mentioning the massive reputational damage and potential loss of customers and future business.
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AuthorFrancis Cronje is an Information Governance specialist and provides insight from a legal and governance perspective on a wide range of topics in the Information and ICT sphere, including matters pertaining to the Protection of Personal Information (POPI) / Data Protection / Privacy, Information Security and other related topics. Archives
September 2017
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