The ICO is now a regulator to be feared – and tech giants should be warned by BA’s potential £183m hit
British Airways is “surprised and disappointed” that it could be fined £183m by the Information Commissioner’s Office (ICO) for a data breach, says its chairman and chief executive, Alex Cruz.
He won’t be alone in being shocked. The size of the proposed penalty will cause spluttering in boardrooms up and down the land as the IT chief is summoned to explain whether the company’s backdoor is securely closed to hackers. For International Airlines Group, BA’s parent, it may mean dispatching directly to HM Treasury a sum equivalent to 5% of this year’s profits. That’s hard to brush away as an everyday cost of doing business.Continue reading...
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