Data acquired from the GDPR Fines 2020 Report by Finbold.com indicates that a total of €171.3 million fines have been issued against European countries in 2020 alone. The fines were issued between January 1st, 2020, and January 1st, 2021.
Data breach fines significant high in 2020
The GDPR Fines 2020 Report reveals that Italy accounts for the highest fines at €58.16 million of the total fines from 34 violations. The United Kingdom ranks second with €43.9 million in fines from only three violations. The two countries cumulatively account for 59.5% of all the EU GDPR fines. Germany is third at €37.39 million from three major violations.
Sweden’s 15 violations attracted €14.27 million in fines, while Spain closes the top five categories with €8 million in fines arising from 128 incidents. In 2020, a total of 299 fines were registered in the EU.