Cyber liability is one of those words that means many things to different people. For some it is about foreign governments spying on other governments or on corporations, for others it is criminals targeting individuals, or companies having their systems compromised. However, a key aspect to all of these risks is the loss of data.
In this Thinkpiece, Paul Bantick, Team Leader of Technology and Media Services at Beazley Group focuses on data breaches, their implications for companies and the insurance industry.
- EU data privacy legislation.
- What can the insurance industry do to help companies?
- Types of data breach and potential costs.