DICL Practice Group – Newsletter 5

The number of data breaches continued to rise dramatically in 2023, more and more companies are placing cybersecurity at the top of their priority list.
In 2023, the average cost of a data breach has reached a record high (once more). In addition to those costs and reputational damage, companies should also be wary of the penalties that can be imposed.
In this edition of the newsletter of our Pangea DICL team, we focus on the consequential world of data protection, shedding light on noteworthy sanctions and rulings by data protection authorities regarding insufficient technical and organisational measures to ensure information security.

We’ve just wrapped up our 14th Annual General Meeting … and it was another huge success! Our hosts, Belgium member firm Litiguard Advocaten, organized a fantastic 2 ½ days for our network in the beautiful city of Antwerp.

Our members joined from all over and got to catch up, pick each other’s brain, sharpen their knowledge, talk shop and of course, share a great time together.

The Board wishes to thank the hosts Litiguard Advocaten for the care, ideas and time that went into the preparation of this great event, guest speaker Xavier Biot for broadening our minds and understanding of Decarbonization goals and challenges, as well as all our members for making Pangea Net such a vivid, active, high-quality international network of independent law firms.