Our new partnership with Palatine further positions us as a prime player in the technology sector and we are delighted to be working with their team, FourNet CEO Richard Pennington said. The pandemic has been a catalyst for significant change in working practices and our industry over the past 12 months and fresh investment will enable FourNet to rapidly meet the changing needs of our customers, many of whom are critical to the UK s success following the pandemic, and to build and acquire the additional capabilities that our customers require. Palatine s investment will keep FourNet at the forefront of the industry and will also provide the fuel for us to lead further change across the sector, while allowing us to capitalise on the rapid growth in demand for cloud, collaboration and managed service solutions.
Henderson Park And South Street Partners Acquire Palmetto Bluff
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LLR-Backed TrueLearn Acquires Picmonic
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Since its launch on 25 May 2018, there have been more than 600 fines issued by various data regulators around the continent, with penalties ranging from €111 million down to just €28. GDPR has become ubiquitous and everyone seems aware of its existence even if, in my experience, they don t really understand what it means they should do, cloud lawyer and Wallace LLP law firm partner Frank Jennings told
IT Pro. Since data is the new commodity, this new caution around the handling of personal data, underpinned by the recent high fines against BA and Marriott, is a welcome development.
British Airways currently holds the unwanted accolade of the biggest GDPR fine, having forked out €211.7 million for a data breach that the UK s Information Commissioner s Office (ICO) ruled as negligent . Hackers managed to infiltrate the company s website with malicious code that redirected its users to a fraudulent site, enabling them to harvest around 500,000 customers details. T