https://www.bbc.com/news/business-48905907
British Airways faces record £183m fine for data breach
I imagine that many people's first reaction to the £183m fine that the Information Commissioner plans to levy on British Airways will have mirrored mine - surely the decimal point must be in the wrong place?
After all the proposed penalty is roughly 367 times as high as the previous record fine, the £500,000 imposed on Facebook over the Cambridge Analytica scandal.
The difference, of course, is that the law has changed between the two incidents, with the arrival of a new law mirroring Europe's GDPR. This allows fines of up to 4% of annual turnover.
Now you might have expected the data regulator to be somewhat cautious at first in wielding this powerful new weapon but today's news will send a shiver down the spine of anyone responsible for cybersecurity at a major corporation.
The message is clear - if you don't treat your customers' data with the utmost care expect severe punishment when things go wrong.
British Airways certainly appears to be stunned. But then again it could have been worse: the full 4% of turnover would have meant a fine approaching £500m.