GDPR Fines: A Growing Trend, But the EU AI Act May Dwarf Them

The General Data Protection Regulation (GDPR), enacted in 2018, has become synonymous with significant fines for data privacy violations in the single market. From Meta's record-breaking €1.2 billion fine in 2023 to Amazon's €746 million penalty, these figures underscore the financial consequences of non-compliance. The cumulative GDPR fines have now surpassed €4 billion, painting a picture of increasing enforcement and a clear message that data privacy protection is not to be taken lightly.

Article 83 set forth GDPR penalties of 2% or 10 million euros whichever is higher. 

The EU AI Act's focus on regulating artificial intelligence technologies, particularly those deemed "high-risk," signals a shift towards stricter oversight in this rapidly evolving field. Article 99 and 100 set penalties at 7% or 35 million euros for non compliance! Penalties will start to apply 2 August 2025. 

https://www.enforcementtracker.com/?insights