Russian Ministry for Digital Development proposes turnover fines for data breaches

RAPSI News reports:

The Ministry for Digital Development, Communications and Mass Media of the Russian Federation is preparing a bill on turnover-based fines for the personal data breach.

This additional responsibility is to put business up to invest in the development of the information safety infrastructure and the personal data protection, a statement released on the Ministry’s Telegram channel reads.

Currently, legal entities face fines of 500,000 rubles (about $8,500) for the leak of personal data.

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