Why Should You Care About Security and Data Privacy?

 Ignorance can be expensive. Depending upon the severity of the violation, penalties for violating the GDPR, CCPA, and HIPAA can be in the millions. 

For GDPR violations, organizations can be fined up to 4% of their global annual turnover or $20 million Euros (whichever is greater). 

CCPA violations can be up to $7,500 dollars per violation. Why do you think California law firms are falling all over themselves to hire as many lawyers to file lawsuits as fast as possible. Although the fines are paid to the State of California, civil penalties can be up to $750 per California consumer class member, which can add up to a bunch in a data breach class action lawsuit. And that's just one of the things companies might be liable for with a data breach. 

Then there's HIPAA, that frequently violated statute, where fines can be up to $1.5 million dollars per violation.