Sergei Blagov reports:
New fines adopted by Russian authorities for violations of personal data protection requirements could mean less protection for businesses, privacy professionals told Bloomberg BNA.
President Vladimir Putin signed into law Federal Law No. 13-FZ to amend Article 13.11 of the Code of Administrative Offenses and set forth new financial penalties for failure by businesses and individuals to comply with data protection requirements, the presidential press-service said in a statement. The law, adopted Jan. 27 by the lower house of Parliament and Feb. 1 by the upper house, takes effect July 1, 2017.
Read more on BNA.