GDPR regulations could cost banks over €4.7bn in fines in first three years

A report from business management consultants Consult Hyperion has predicted that European FIs could face fines of up to €4.7bn ($5.2bn) in the first three years as financial services begin to adapt to the new regulations.

Read how to upcoming GDPR data breach notification regime in European Union can cause banks over €4.7bn in fines in first three years on Verdict.

Track the strategic threats to your business with the Threat Brief, delivered to your email daily.

Subscribe Here