Technology Record - Issue 31: Winter 2023

40 Organisations are paying for their data protection mistakes. Failure to comply with the European Union (EU)’s General Data Protection Regulation (GDPR), for example, can result in fines of up to €20.3 million ($22.1 million) per company or four per cent of the business’ total global annual turnover. Meanwhile, financial penalties for neglecting the directive on security of network and information systems, which manages the risks posed to essential enterprise services and digital service providers in the EU, can reach up to £17 million ($21.3 million). These are just two examples Microsoft’s Kathleen Mitford and Satish Thomas explain how Microsoft Cloud for Sovereignty is helping organisations to accelerate digital transformation while prioritising regulatory compliance and data security BY ALICE CHAMBERS COVER STORY protection Cross-border