Wow, our 10 year anniversary – where did that come from? It seems like only yesterday that Georg, Franz, Andreas, Roberto, Peter and I were sat in a pub in London discussing the possibility of setting up our own network; just look at where we are today! I am immensely proud of how the network has grown and developed since 2009. We couldn’t have done it without you, our members, and so I wanted to express my personal thanks to you all in making this network such a success!
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.