DLA Piper publishes the results from its GDPR Fines and Data Breach Survey 2023. The report indicates another record year, as Data protection authorities (DPAs) across Europe, along with the UK, Norway, Iceland and Liechtenstein, issued a total of €2.92bn (£2.54bn) in General Data Protection Regulation (GDPR) fines since 28 January 2022. The amount more than doubles the aggregate value of GDPR fines in 2021 and demonstrates DPAs growing confidence to impose monetary penalties. DLA Piper also noted the use of the GDPR's cooperation and consistency mechanisms resulting in the European Data Protection Board (EDPB) demanding an average of 630% increases in proposed fines. As expected, the Irish Data Protection Commission (DPC) dominates the report, with five of the top ten largest fines issued in the year. The DPC also leads the aggregate GDPR fines issued to date at €1.0bn (£0.87bn). However, in a sign organisations are becoming risk-averse to the fear of investigations, enforcement, fines and compensation claims, the approximate number of data breach notifications fell to 109,000 from 120,000 the year previously.
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