Consult Hyperion Forecasts Banks to Face Fines Totalling €4.7b
Jun15

Consult Hyperion Forecasts Banks to Face Fines Totalling €4.7b

A new report from Consult Hyperion, commissioned by AllClear ID, forecasts that European financial institutions could face fines totalling €4.7 billion in the first three years under the new General Data Protection Regulation (GDPR). This forecast is conservative and excludes compensation claims, costs associated with lost customers, damaged reputations and senior executive resignations. The report GDPR: Banks, Breaches and Billion...

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