Fines are a common consequence for non-compliance with laws and regulations, particularly when it involves the mishandling of sensitive customer data. Such violations can lead to substantial monetary penalties imposed by regulatory authorities. Loss of license is typically associated with more severe infractions, often related to professional or operational licenses rather than data management practices. While reputational damage and the appointment of an external overseeing body might occur, these are secondary consequences that do not directly result from the imposition by a regulatory authority but rather from the reactions of customers and the industry to the non-compliance.