It’s incredible to believe that we are now approaching our eighth AGM and this is the second edition Pangea Net’s Annual Report. I was delighted to receive such a positive response to last year’s report which was very much a “first attempt”. The Board would really like to build on the concept going forward and hope that you find this year’s edition to be equally interesting, if not more so.
DICL Practice Group – Newsletter 6
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.