GDPR Fines Hit 1.2Bn in 2024 – Average Of 363 Data Breaches Per Day
- GDPR fines hit 1.2Bn EUR in 2024, with 8.3% more breach reports in 2024.
- An average of 363 data breach notifications per day vs 335 in 2023.
Whilst no doubt some of these breaches will have been caused by the compromise of Non-Human Identities (NHIs), a key area that the DLA Piper Survey Report calls out is around AI Enforcement, which clearly will have big implications from Non-Human Identity management/security intersection standpoint. Read our blog post on “AI Agents and Their Intersection with Non-Human Identities“.
Commenting on the survey findings, Ross McKean, Chair of the UK Data, Privacy and Cybersecurity practice said:
“European regulators have signalled a more assertive approach to enforcement during 2024 to ensure that AI training, deployment and use remains within the guard rails of the GDPR.”
Here’s a summary of the key headlines from the DLA Piper’s GDPR Fines and Data Breach Survey.
Key Headlines :
- GDPR Enforcement in 2024:
- €1.2 billion in fines issued across Europe, marking a significant year in data privacy enforcement.
- Ireland continues to be the top enforcer with €3.5 billion in fines since May 2018.
- Decrease in Fines Compared to 2023:
- 33% decrease in fines compared to the previous year.
- No record-breaking fines in 2024.
- Big Tech and Social Media:
- Primary targets for fines with major penalties against LinkedIn (€310 million) and Meta (€251 million).
- Expansion to Other Sectors:
- Enforcement expanded to financial services and energy sectors.
- Notable fines issued against a large bank (€6.2 million) and a utility provider (€5 million).
- UK’s Unique Approach:
- Very few fines issued in the UK in 2024.
- UK Information Commissioner suggests fines are not the most effective enforcement tool.
- Personal Liability:
- Focus on governance and oversight.
- Investigation into holding Clearview AI’s directors personally liable for GDPR breaches.
- Data Breach Notifications:
- Slight increase in the average number of breach notifications per day (363).
- Netherlands, Germany, and Poland remain top countries for data breach notifications.
- AI Enforcement:
- Increased scrutiny on AI technologies for GDPR compliance.
- European regulators assert a stronger enforcement approach.
If you are interested in Non-Human Identities and their intersection with GenAI read our blog post on “AI Agents and Their Intersection with Non-Human Identities“.