![]() And increasingly, company leaders are being held to account for breaches: Under the GDPR, the EU’s data protection regulation, authorities can impose fines of up to €20 million (roughly $20,372,000), or 4% of worldwide turnover for the preceding financial year - whichever is higher. Last year alone, 4,145 publicly disclosed privacy breaches compromised more than 22 billion records. ![]() To be sure, their anxiety is not unfounded. In fact, 62% of Americans are so cynical about the state of data privacy in this country that they consider it impossible to move through everyday life without having their data collected and used. ![]() Seventy-nine percent of Americans are troubled by companies’ usage of their personal data.
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