This past year has been one of looking inward for Pangea Net and assessing the ways in which we can improve and strengthen the network. ln particular, the board has been focussed on exploring crossjurisdictional business development opportunities and increasing referrals between member firms. ln many ways we consider this to be the key to ensuring the future of the network
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.