What was the maximum fine for a blatant breach of GDPR as per the local laws?

Study for the BAFT Certificate in Principles of Payments Test. Utilize flashcards and multiple-choice questions, with hints and explanations for each query. Prepare thoroughly for your exam!

The maximum fine for a blatant breach of the General Data Protection Regulation (GDPR) is set at 4% of the annual global turnover of a company or €20 million, whichever is higher. This significant penalty structure is designed to ensure that organizations take data protection seriously, reflecting the gravity of breaches in the context of protecting personal data.

The reason this option is correct lies in the stringent nature of GDPR, which aims to enforce compliance and protect consumer privacy. The regulation provides for strict enforcement measures to deter entities from mishandling personal data, and the financial penalties are proportional to the size and revenue of the organization, emphasizing the importance of accountability for data protection practices.

Other options, while numerically close to the correct answer, either do not reflect the full extent of the penalties as outlined in the GDPR or represent a tier that applies to less severe breaches. Understanding the implications of these penalties helps organizations to prioritize data protection in their operational practices.

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