Ranier Allan Ronda reports:
The National Privacy Commission (NPC) has set a ceiling of P5 million on fines imposed on data privacy violators, following a revision of its penalty system based on public consultations.
The NPC presented its revised schedule of administrative fines set under the updated Circular on Administrative Fines and the scope of the data controllers liable to pay fines for violations.
Read more about the new system of fines at The Philippine Star.
Note: At today’s rate, 5 million Philippine Peso = $95,896.58