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Bigger Fines means Time to Act
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Your Cyber Security threats will differ depending on your organisation and the value of your data. Mohsin Choudhury, UK Head of Information Security, Bank of Ireland talks to Karla Reffold, Founder & MD, BeecherMadden.
Mohsin explains the risks of reputational damage, negative publicity like that for BA or Equifax breaches always works and now bigger ICO fines. Fines for a data breach, previously up to 500K but now up to 4% of turnover mean that companies risk far higher financial penalties and need to take action.