legal

Washington, D.C. – Any business collecting, storing, processing, or otherwise handling data containing personally identifiable information on European Union citizens needs to plan for the General Data Protection Regulation (GDPR) which comes into effect May 25, 2018.

Open-i Advisors’ new GDPR preparation service makes it easy and affordable to assess how web hosting and cloud computing providers collect, store, and use customer data. Our data consultants are experts on mapping the way your organization uses data, finding possible risks, and determining what steps you can take to mitigate risks. You’ll be presented with a document that can be either assessed by our partner lawyers or your own legal team.


We work with you to create a report that includes:
• A summary of risk points
• A map of data flows by department
• A list of suppliers and other third parties with whom the client may share data (or who may share data with the client) with their GDPR statements included as relevant
• A list of all found public privacy or disclosure statements, ready for review

“By working with Open-i Advisors, you can save time and money by packaging up everything you will need to hand off to legal counsel so that they can address your needs in as low cost a manner as possible,” says Open-i Advisors Co-Founder Christian Dawson. “Our legal partners are experts on GDPR compliance, so if you’re looking for a holistic solution we can provide that as well”.

GDPR preparation from Open-i Advisors provides data expertise when you need it, with a data-consultant led discovery process, to analyze how data is used across your organization. Our process is straightforward and simple:

Initial Compliance Check: We speak with key people at your company to assess your data privacy risks and measure your current privacy controls against the GDPR.

Data Discovery – Internal: An extensive register of your organization’s current data processing activities will be produced, along with a comprehensive visualization of the organizational data life-cycle in its entirety.

Data Discovery – External: Open-i Advisors will do a public search of statements made by your organization, including privacy policy, email submission forms, white paper submission forms, client sign-up forms, etc.

Final Compliance Check: Open-i Advisors will highlight areas of anticipated concern to consider business process changes where necessary, and to discuss with legal counsel.

This GDPR preparation service is offered for a reasonable hourly fee, which will result in a low cost for your company to gain all the insights you need to identify internal changes needed by your organization.

Find out more about GDPR Preparation for Hosting & Cloud Companies here: http://openiadvisors.com/consultancy/gdpr-preparatory-consulting/

About Open-i Advisors
Open-i Advisors is a consulting company focused on Internet-related industries. Its hands-on approach helps organizations manage their customer data and determine their optimum market focus using next-generation industry segment data gathering and analysis. Open-i Advisors industry-expert consultants offer their experience and leverage a process that includes the power of quantitative data to better understand and actualize client goals. For more information, please visit www.openiadvisors.com.

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Host in Ireland, a strategic global initiative created to increase awareness of the benefits of hosting digital assets in Ireland, announces today that its Founder and President, Garry Connolly, will speak at CAPRE’s Greater New York Data Center Summit, taking place 5 April, in New York.

Mr. Connolly, in addition to providing leadership at the award-winning Host in Ireland initiative, has also been recognised as one of the top 50 EMEA Influencers in Cloud and Data Centers 2017 by Data Economy, and was runner up in the 2017 DCS Awards’ ‘Data Center Individual of Year’ category’.

During the panel session, “The Impact of Europe: Data Center Demand-Supply and Forecasting the Factors at Play Across the Pond, Including: Brexit and GDPR,” Mr. Connolly will join other data center and financial investment leaders to discuss recent data center development in Europe as well as the impact of Brexit and the data privacy obligations that multinational organisations face as a result of the implementation of the GDPR.

WHAT:
• Panel: “The Impact of Europe: Data Center Demand-Supply and Forecasting the Factors at Play Across the Pond, Including: Brexit and GDPR”

WHERE:
• CAPRE’s Greater New York Data Center Summit
• New York

WHEN:
• Thursday, 5 April 2018
• 1:00 p.m.

WHO:
Panelists include:
• Garry Connolly, Founder and President, Host in Ireland, Co-Chair of the General Data Protection Regulation (GDPR) Awareness Coalition
• Svein Atle Hagaseth, Senior Vice President North America, Green Mountain Data Center, Ltd.
• Eric Crabtree, Chief Investment Officer of International Finance Corporation, World Bank Group
• Melvin Greer, Chief Data Scientist, Public Sector, Intel Corporation
• Drew Leonard, Senior Vice President, UpStack
• Jason Ó Conaill, International Partner, Infinity SDC
• Moderator: Donough Roche, Owner & Principal, Datacentrs Inc.

About Host in Ireland
Host in Ireland, winner of the Datacloud Europe 2016 award for Innovative Data Center Location, is an industry-led marketing initiative that provides timely and accurate information about Ireland’s digital asset hosting ecosystem at all times including demonstrating why Ireland is more cost-effective, efficient, reliable, secure and accessible than most other regions across the EU. There’s a reason companies like Microsoft, Zendesk, Facebook, Twitter, Amazon, Adobe and beyond have sought to host their solutions in as well as to/from Ireland. Many of these reasons are immediately realized due to access to affordable power, redundant network and bandwidth capacity along with a variety of data center providers that offer an array of services sustained by the “5 Ps”: Policy, People, Pedigree, Pipes, and Power. On top of that is a very attractive business management structure, implemented by Ireland, which is keenly interested to bring new businesses into the market. Ireland supports this initiative through its pro-business approach, attractive corporate tax and fiscal structures, common law based legal system, continued investment in off-Island fiber cables to the U.S. and Europe, financial support for data center energy efficiency, and access to a skilled native English-speaking workforce – ensuring data asset compliance for companies large and small. For more information about Host in Ireland, visit www.hostinireland.com.

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PHOENIX – Namecheap, a top domain registrar and web hosting company, continues its long-term commitment to supporting Internet Freedom with its 6thAnnual Move Your Domain Day. Beginning March 6 at 12 a.m. EST, for 24 hours Namecheap will offer domain transfers for only $3.98. The special deeply discounted transfer deal will also include a free year of of private email and SSL. Additionally, for each transfer Namecheap will donate up to $1.50 to the Electronic Frontier Foundation (EFF), a leading organization that works to protect online freedom and digital civil rights.

“Our passion and dedication to Internet neutrality and freedom cannot be overstated. Namecheap’s long-term commitment to these principles dates back to the founding of the company. Our pledge to stand with organizations such as EFF, in their fight to keep the Internet open and free, is the reason why Move Your Domain Day is such an important initiative for Namecheap,” said Richard Kirkendall, Namecheap CEO.


“EFF is grateful for the support from Namecheap’s Move Your Domain Day. We’re fighting to protect online innovation and creativity. With the help of supporters across the web, we will continue standing up for Internet users in the courts, in Congress, and around the world,” – Corynne McSherry, Legal Director at EFF.

Since 2011 the annual event that calls on customers to transfer their domains to Namecheap at deeply discounted prices, and in support of Internet freedom, has raised more than $350,000.

About Move Your Domain Day
Move Your Domain Day started in 2011 as an online movement and response to the US Stop Online Piracy Act (SOPA), a bill many felt threatened people’s right to privacy, anti-censorship and a free and open Internet. Sensing a need to mobilize the community, Namecheap CEO Richard Kirkendall launched the first ever Move Your Domain Day. Seven years later, Namecheap has used its platform to raise awareness about other dangerous bills like the Protect IP Act (PIPA) as well as the continued battle to save Net Neutrality.

About Namecheap
Namecheap is an ICANN-accredited domain registrar and technology company founded in 2000 by CEO Richard Kirkendall. Celebrating nearly two decades of providing unparalleled levels of service, security, and support, Namecheap has been steadfast in customer satisfaction. With close to 9 million domains now under management, Namecheap is among the top domain registrar and web hosting providers in the world. To learn more about Namecheap, visit namecheap.com.

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More than 53,000 cyber security incidents took place in India last year, as per a report by Indian Computer Emergency Response Team (CERT-In). The report was submitted to Indian Parliament by IT Minister Ravi Shankar Prasad, where he mentioned that these cybersecurity incidents included website intrusions and defacements, virus and malicious code, phishing, scanning and probing, ransomware, as well as denial of service attacks. “As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 44679, 49455, 50362 and 53081 cyber security incidents were observed during the year 2014, 2015, 2016 and 2017, respectively,” wrote Ravi Shankar Prasad in a reply to Rajya Sabha (Indian Parliament). The current data shows that the cyberattacks are rapidly increasing every year. While the rise in cyberattacks was low in 2016, it tripled in 2017 when compared to 2016. “With the proliferation and vast expansion of Information Technology and related services, there is a rise in instances of cybercrimes including financial frauds, using bank cards and e-wallets in the country like elsewhere in the world,” he added. As per the data by NCRB (National Crime Record Bureau), over 9622, 11592, and 12317 cases related to cybercrime were registered in 2014, 2015, and 2016, respectively. Indian government has taken several legal, technical and administrative steps to control cybercrime. In 2014, the National Critical Information Infrastructure Protection Centre (NCIIPC) was established for the protection of critical infrastructure in the country. ‘Digital India’ campaign is among leading initiatives by the Indian Government to develop the country. It is empowering Indian citizens by enhancing connectivity, improving electronic delivery of government services, etc. However, the more India is moving toward digitalization, the more is the increase in cybercrime. Also read: Bitcoin price drops below $9000, following cryptocurrency ban in India Apart from NCIIPC, the government has set up cybercrime cells in all states and union territories.

The post India faced over 53,000 cyberattacks in 2017: CERT report appeared first on Web Hosting | Cloud Computing | Datacenter | Domain News.

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PARSIPPANY, N.J. – COLOTRAQ, the foremost global sourcing advisory firm and master agency for data center infrastructure services, announced the first of a series of free Cybersecurity Events that will be hosted across the US this year. The event will feature an interactive panel discussion from four diverse and dynamic thought leaders in the field of Cybersecurity. The panel will be discussing timely and relevant topics surrounding the world of Cybersecurity and how businesses can address Cybersecurity threats both known and unknown through actionable and comprehnsive strategies in 2018 and beyond.

The event will be followed by a networking cocktail reception from the W Hotel’s covered roof top lounge with breathtaking views of Manhattan’s skyline. The free event will feature an interactive panel discussion from diverse and dynamic Cybersecurity thought leaders from Cyxtera Technologies, Porzio Bromberg & Newman P.C., Razorpoint Security Technologies, Inc. and COLOTRAQ covering topics such as innovations in data center technology, cybersecurity planning and compliance, legal and regulatory changes and new threats in 2018 and what you can do about it. This event is sponsored by Cyxtera Technologies, the secure infrastructure company and one of COLOTRAQ’s Elite Partners.


When asked why the event is called a bootcamp, COLOTRAQ’s Founder and CEO, Dany Bouchedid said, “Unless you haven’t been keeping up with Cybersecurity related news, there is a persistent war being waged by hackers all over the world and our businesses are constantly under attack and the very first step before being deployed to battle is to first get through a Cybersecurity Bootcamp.”

The overall focus of this cybersecurity boot camp is the immediate cybersecurity concerns of business in 2018 – what new challenges we face today and how to address them. Our panel of experts which include Leo Taddeo (CISO, Cyxtera Technologies), Mark Goebel (Vice President of Cloud & Cybersecurity Program Management, COLOTRAQ), Deirdre Wheatley-Liss (Attorney, Porzio Bromberg & Newman P.C.) and Gary Morse (CISSP, CISM, CCSE, CCSA), President & Founder, Razorpoint Security Technologies, Inc. Topics covered will include:

  • Innovations in Data Center Technology {e.g. Software Defined (network) Perimeter}
  • Cybersecurity Planning and Compliance in the New Global Economy
  • Legal and Regulatory Changes for 2018 and Beyond
  • New Threats in 2018 and What You Can Do About it

Since space is limited and geared towards a specific audience, please contact the company directly in order to register for this free event.

About COLOTRAQ
COLOTRAQ is the foremost global sourcing advisory firm and master agency for colocation, managed hosting, cloud and related network services. Since 1999, COLOTRAQ has been helping find data center infrastructure solutions for businesses and institutions worldwide through its unrivaled network of over 400 service providers, 200 of which provide cloud services, in over 1,300 cities across 140 countries and territories. COLOTRAQ can instantly match customer requirements from a single rack to thousands of square feet of data center space along with managed hosting, cloud-based infrastructure and network services.

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ATLANTA, GA – Internap Corporation (NASDAQ:INAP), a provider of high-performance internet infrastructure including colocation, managed services and hosting, cloud and high-performance network services, today announced that it has entered into a definitive agreement to acquire SingleHop, LLC, a private company headquartered in Chicago, Illinois for $132 million in cash.

SingleHop is a recognized leader in the managed hosting and infrastructure as a service (IaaS) business segment, offering highly automated and on-demand IT infrastructure. This strategic combination allows INAP to immediately offer its customers advanced products and expertise. SingleHop’s enterprise and business customers will also benefit from INAP’s North American and global presence, providing a significantly more expansive integrated footprint.


“The INAP turnaround strategy includes restoring top-line organic revenue growth while leveraging smart tuck-in acquisitions to accelerate that growth,” stated Peter D. Aquino, President & CEO of INAP. “Today we announce significant progress on both fronts: We are reporting a positive outlook for 4Q 2017 revenue, which is up sequentially, and we are ahead of turnaround expectations. We are also pleased to announce the signing of an agreement to acquire SingleHop and welcome their customers and employees to the INAP family. We are very excited about partnering with Zak Boca and his experienced team to integrate their advanced platform into INAP. The combined impact of our sales and operational improvements, and the momentum of SingleHop’s success, is expected to be a catalyst for growth in 2018.”

Strategic Rational: INAP expects to gain significant speed to market by advancing its technical roadmap with this acquisition. The attributes of the combination include:

Robust Technology –
SingleHop’s advanced automated systems will immediately enhance INAP’s overall capabilities, improving existing customers’ experience. This acquisition will enable INAP to launch an integrated delivery system that will be cross-sold through INAP’s global footprint. Given this complementary product set, SingleHop’s technical expertise and momentum are expected to attract interest specifically among INAP Bare Metal and AgileCloud customer bases. This combination also advances INAP’s product road map for private cloud, managed public cloud, DRaaS, and other critical features designed to drive profitable growth.

Single Pane of Glass and Actionable Intelligence (“AI”) –
SingleHop’s single pane of glass for infrastructure and managed services will consolidate and merge separate customer interface portals into one single pane of glass, post integration (i.e., colocation, managed services, cloud, and network elements). The improved visibility, and control through AI are expected to exceed customer expectations and requirements, adding long-term customer retention benefits, as well as to help INAP operationally.

Increased Scalability –
SingleHop’s operations complement INAP’s presence in major markets including: Chicago, New York City, Phoenix, and Amsterdam. SingleHop hosts approximately 3,000 customers in state of the art Tier 3-type data centers that ensure the optimum redundancy, security, and critical infrastructure required. Proforma combined INAP will serve over 10,000 customers worldwide.

Experienced and Talented Management Team –
SingleHop has demonstrated a unique entrepreneurial culture that produced award winning solutions and industry recognition as evidenced in its position on the Gartner® Magic Quadrant for Cloud Enabled Managed Hosting.

“These two companies are extremely complementary, and together will offer customers an incredibly robust, modern IT platform, which was backed by investment firm Battery Ventures,” said Zak Boca, co-founder and CEO of SingleHop. “SingleHop’s innovative approach to IaaS and the delivery of managed services combined with INAP’s global data center and network presence, will give clients a one-stop-shop for their IT needs. This is a strong combination that I’m very excited to be a part of. I look forward to transitioning to become the Chief Marketing Officer of INAP.”

“Jennifer Curry, VP of Managed Hosting and Services at INAP, and team, have been focused on improving ways to deliver complex IT solutions to our customers,” stated Corey Needles, SVP and General Manager, INAP USA. “By acquiring SingleHop, we not only leapfrog product development gates, but Jen acquires an all-star team to attack opportunities that historically may have been challenging for either company to score on its own due to lack of product or size. Together, we are much stronger and excited about our growth potential in managed hosting and services as a value-added service to our data center business.”

Financial Summary: INAP will be acquiring SingleHop in an all cash deal for $132 million reflecting a purchase multiple of approximately 7x after synergies, based on annualized Adjusted EBITDA of approximately $16 million for 3Q 2017 and expected annualized cost synergies of $2 to $3 million. INAP expects SingleHop will contribute $45 to $50 million in annualized revenue post-closing. In INAP’s fourth quarter 2017 earnings release, INAP will provide combined proforma guidance, assuming a first quarter closing of the transaction. Adjusted EBITDA is a non-GAAP financial measure, which we define in the attachment to this press release entitled “Non-GAAP (Adjusted) Financial Measure.” A reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure can also be found in the attachment.

INAP has entered into a commitment agreement with Jefferies Finance LLC to provide a fully underwritten debt financing which, combined with INAP’s cash on hand, will fund the entire transaction. Ultimately, INAP will look to optimize its capital structure with a blend of equity and debt securities to affect a leverage-neutral or better outcome. The transaction is expected to close before the end of the first quarter 2018, subject to customary closing conditions, including the expiration or termination of any applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Transaction Advisors: RBC Capital Markets acted as lead financial advisor and Jefferies LLC acted as financial advisor to INAP. Jenner & Block LLP served as INAP’s legal advisor. On the sell-side, DH Capital acted as the sole financial advisor to SingleHop. Goodwin Procter LLP and Hinshaw & Culbertson LLP acted as joint legal advisors to SingleHop.

About Internap Corporation
Internap Corporation (NASDAQ:INAP) is a leading provider of high-performance data center services including colocation, managed hosting, cloud and network services. INAP partners with its clients, who range from the Fortune 500 to emerging start-ups, to create secure, scalable and reliable IT infrastructure solutions that meet the client’s unique business requirements. INAP operates in 51 Tier 3-type data centers in 21 metropolitan markets and has 90 POPs around the world. INAP has approximately 1 million gross square feet under lease, with 500,000 square feet of data center space. For more information, visit www.INAP.com.

About SingleHop
SingleHop, a leading global provider of hosted IT infrastructure and cloud computing, brings together a unique combination of enterprise-class technologies from industry-leading vendors, and a proprietary automation engine, to deliver a customized cloud infrastructure experience for enterprises of all sizes. Their powerful portal and award-winning automation platform make it simple to design and support the optimal cloud environment. Their service includes full-life cycle, white glove support, instantly-scalable solutions, and comprehensive integrated security. SingleHop serves approximately 3,000 customers in more than 124 countries with data centers across the United States and Europe.

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