Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 1040872968 - Business Express

Compliance Consultancy warns of increasing business fines from the ICO

A Hampshire privacy consultant has warned businesses about the increasing number of huge fines being issued by the Information Commissioner’s Office (ICO) for business data breaches. 

PaulWallisHantecSystems - Business ExpressThe ICO has more than 60 different monetary penalties in place which can be actioned when an organisation fails to protect its data, with the biggest fine being up to £17m or four per cent of annual turnover (depending on which one is the largest).  

Paul Wallis, a privacy information management expert at Hantec Systems, has warned business owners that the biggest threat of a breach, and therefore the huge fines that result from a breach, are from within an organisation. They are often the result of insufficient staff training and awareness.  

He said: “Many organisations do not know how to spot a potential ransom attack or do not realise the potential consequences of their non-deliberate actions, putting itself at a higher risk of being fined by the ICO.

“But to reduce the risks of fines, it is vital for business owners to implement robust industry standard management systems (ISOs). 

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

“ISO systems are good business practice and ensure organisations have policies and procedures in place which reduce business errors that could lead to extremely large fines from the ICO. 

“If a business is caught out by the ICO it could have very serious consequences for the organisation and its staff. The biggest mistake we all make in life is thinking that it will never happen to us. Be sure to protect yourself and business wherever possible.”

Paul has recently enhanced his expertise in GDPR and Data Protection issues through a privacy management development course which ensures he is best qualified to advise clients of the steps they need to take to maintain compliant. 

For more information about protecting your organisation from ICO fines please visit:

Recent Post: