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European data pro­tec­tion au­thor­it­ies im­posed fines totalling over 2.7 bil­lion euros in more than 1,500 pub­licly known cases for vi­ol­a­tions of the Gen­er­al Data Pro­tec­tion Reg­u­la­tion, which has been in...

The Life Sci­ences and Health­care Sec­tor is highly tech­no­logy-driv­en and an in­creas­ingly dy­nam­ic ap­proach is taken when ad­opt­ing busi­ness-crit­ic­al tech­no­lo­gies. This sec­tor’s above-av­er­age up­take in tech­no­logy is re­flec­ted in its pri­or­it­isa­tion of meas­ures against IT fail­ure. However, the sec­tor is of­ten un­der­prepared for tech­no­logy risks, with many busi­nesses still not hav­ing pro­cesses in place to man­age key risks des­pite cur­rent and fu­ture con­cerns around dis­putes arising from this area.This re­port is a deep dive in­to data first pro­duced for the re­port Tech­no­logy Trans­form­a­tion: Man­aging Risks in a Chan­ging Land­scape. This saw over 500 people sur­veyed from mul­tiple in­dus­tries across the world.Here we look in de­tail at the 75 re­spond­ents from the Life Sci­ences and Health­care sec­tor, and their per­spect­ives on the risks as­so­ci­ated with busi­ness-crit­ic­al tech­no­lo­gies, in­clud­ing emer­ging tech­no­lo­gies.Down­load the Tech­no­logy Trans­form­a­tion Life Sci­ences and Health­care re­port now to read about:Drivers of tech­no­logy ad­op­tion in the Life Sci­ences and Health­care sec­torNew risks emer­ging and tra­di­tion­al bar­ri­ers to risk man­age­ment­Cur­rent tech­no­logy risks in the Life Sci­ences and Health­care sec­tor­Fu­ture risks, in­clud­ing IP con­cerns and AIPre­ferred ap­proaches to tech­no­logy dis­pute res­ol­u­tion for the Life Sci­ences and Health­care sec­tor

A warm wel­come... ...to the fourth edi­tion of the GDPR En­force­ment Track­er Re­port – the an­niversary edi­tion cel­eb­rat­ing five years of GDPR.In the five years since the GDPR be­came ap­plic­able its power­ful frame­work for im­pos­ing fines has cer­tainly helped to raise aware­ness and en­cour­age com­pli­ance ef­forts – just as the European le­gis­lat­or in­ten­ded. At the same time, the risk of fines of up to EUR 20 mil­lion or 4% of a com­pany’s glob­al an­nu­al turnover can also lead to fear and re­luct­ance or ig­nor­ance about com­pli­ance is­sues.We still be­lieve that facts are bet­ter than fear.This is why we con­tinu­ously up­date our list of pub­licly known fines in the GDPR  En­force­ment Track­er and star­ted the GDPR En­force­ment Track­er Re­port as an an­nu­al deep dive ap­proach to provide you with more in­sights in­to the world of GDPR fines.As in the three pre­vi­ous edi­tions, the GDPR En­force­ment Track­er Re­port starts with the Ex­ec­ut­ive Sum­mary (also avail­able as a PDF ver­sion), fol­lowed by the “Num­bers and Fig­ures” sec­tion and the “En­force­ment In­sights per busi­ness sec­tor” (also in­clud­ing the over­arch­ing em­ploy­ment cat­egory. The “En­force­ment In­sights per coun­try” provide back­ground on the spe­cif­ic en­force­ment frame­work un­der na­tion­al law. Some re­marks on our meth­od­o­logy can be found at the very end of the re­port.

1. In­tro­duc­tion An in­surer has three main op­tions for start­ing its full scope in­sur­ance op­er­a­tions in Ukraine. Those op­tions would be: (i) to es­tab­lish a ‘green­field’ com­pany; (ii) to ac­quire an...