Protection of personal data: Fines amount

The fines that the National Authority for the Protection of Personal Data (ANPD) can establish range between S/ , and S/ , , this in reference to sanctions in the field of personal data . In alone, the entity inspected some institutions and established fines that exceeded S/ million. . The ANPD imposes fines depending on the severity of the infraction. Therefore, these violations are : Minor violations Fines of between UIT (S/ ,) and UIT (S/ ,) may be generated . This is a sanction that comes up when the firm does not correctly record personal data, make corrections or delete the data.

Very serious violations

The imposition of fines can range between UIT and UIT which can be inserted in scenarios arising from lack of attention, impediment or obstruction in the development of rights, providing personal data without prior consent or not satisfying the obligation of confidentiality. Here the fines can be between so they come into question when there is receipt of personal data through channels that are illicit, fraudulent, unfair or that are issued erroneous information to the ANPD. For Bruno Mejía , who is Manager of EY Law , he points out that “In addition to the sanctions imposed, the ANPD can order corrective measures to companies, in order to correct or reverse the effects that the offending conduct has caused or prevent it from occurring.

 

All sectors are exposed to personal data leaks

However, sectors such as finance (banking entities, insurance companies and risk centers), health (clinics, hospitals and medical laboratories) or telecommunications (telephone and internet companies) could present greater risks.” The companies that own LendingClub Corp. . Other fintech companies that have cut staff Fintech and risk management At the beginning of November, Blend Labs Inc announced that it would eliminate 28% of its jobs , PayPal Inc. indicated that it would reduce its payroll to 2,000 people , while Plaid Inc would lay off 28% of its employees . As for Stripe Inc. , it is cutting 1,000 job vacancies , which translates to 14% of its workforce.

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