MIAMI, FL – February 4, 2020 – Kevin M. Levy, shareholder in GrayRobinson’s Miami law firm office, and chair of the firm’s technology transactions practice, was quoted in the Daily Business Review article “Companies Should Expect Larger, More Frequent GDPR Fines.” The article discusses how companies should expect bigger penalties under the European Union's General Data Protection Regulation (GDPR) as authorities throughout Europe bolster enforcement efforts and clarify how fines are calculated and imposed.
In the article, Levy explains “As things develop, as years go by and those holes are understood, it's going to get harder for those companies to say, "We didn't really understand or know." He states that companies need to implement and maintain programs to map the personal data that they collect, store, and share in order to avoid getting dinged. Levy concludes by urging companies to remain vigilant as undeveloped parts of the GDPR are being exposed. Read the full article here. (subscription required)