Companies are facing hundreds of millions of dollars in fines these days for failing to comply with data protection and data privacy rules, and that’s driving wave of organizations, and their users, to get more serious about data protection. One of the byproducts of that has been the emergence of new technology to meet that increase in activity.
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DataGuard, a Software-as-a-Service startup specializing in data privacy, information security, and compliance, has raised €61 million in a Series B funding round. The round was led by Morgan Stanley Expansion Capital and existing investor One Peak, with participation from several angel investors. With offices in Munich, Berlin, London, and Vienna, DataGuard plans to use the capital to further strengthen its market position in Europe and the US, and to expand its product offering. [in German]
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On July 16, 2020, a major shift occurred in the world of data privacy: the so-called Schrems II ruling by the European Court of Justice invalidated the U.S. Privacy Shield, which had previously served as the legal basis for data transfers to the United States. The consequence? Personal data could no longer be transferred to the U.S. without additional safeguards. [in German]
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For Generation Z, social media popularity and personalized customer experiences are a priority even if it means compromising on privacy. That said, one thing matters to them above all: transparency. [in German]
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A commentary by Dr. Frank Schemmel on strategies for how data protection contributes to greater digital sustainability. [in German]
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DataGuard has launched an “Information security-as-a-Service” solution that combines personalized guidance from industry experts with a web-based platform serving as an Information Security Management System (ISMS). [in German]
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TISAX® is a registered trademark of the ENX Association. DataGuard is not affiliated with the ENX Association. We provide consultation and support for the assessment on TISAX® only. The ENX Association does not take any responsibility for any content shown on DataGuard's website.
