The GDPR Joke, British Airways Violates Privacy, Fined 1.5% Of Their Revenue And Why Blockchain is Essential

The General Data Protection Regulation (GDPR) was thought to exist only in writing when it was agreed upon in 2016 and became active in 2018. Now, its effects are being felt in the same backyard where it was created. British Airways is the first to feel the pinch after it was fined approximately $230 million, which roughly translate to 1.5 percent of its revenue.

According to British authorities, and as reported by the New York Times:

“Poor security at the airline allowed hackers to divert about 500,000 customers visiting the British Airways last summer to a fraudulent site where names, addresses, login information, payment card details, travel bookings, and other data were taken.”

What Is GDPR, And Who Is Affected?

The General Data Protection Regulation is a set of rules put together by the European Commission with the contribution of 28 countries in the European Union (EU).

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