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Published 28 July 2017
We are delighted to share Closing the Gap: Insuring your business against cyber threats with you. Launched last month, this report, produced by Lloyd's of London, KPMG and DAC Beachcroft, helps companies to understand the cyber threat landscape.
The report offers a unique assessment of the various cyber threats, broken down by sector, and ways to mitigate them. It also details the full financial impacts of data breaches and analyses some of the costs associated with recent high-profile cyber attacks. Hans Allnutt, DAC Beachcroft's Head of Cyber & Data Risk, has provided commentary on regulatory changes and litigation trends, as part of an analysis of the drivers which are increasing cyber-risk complexity.
Executive summaries in English, French, German, Italian and Spanish are also available.
Many of us have thought or heard that cyber risk is the new Nat Cat. While this may be the case for some insureds, others have very low chances of facing a massive exposure.
The big cyber news last month was the global outbreaks of the WannaCry worm and Petya/NotPetya malware. Their impact on companies and services across the World was heavily publicised. The risk of globally disseminated cyber-attacks continues to increase.
Click the below headings to read more on each of the developments...
Digital Economy Act
ICO information rights strategic plan
ICO enforcement round-up
Click the below headings to read more...
Argentina - Argentina’s DPA publishes its second draft of the data protection amendment bill
Austria - Draft Austrian Data Protection Act published
Belgium - Annual activity report published by Belgian DPA
China - New Cybersecurity law
Czech Republic - Czech Republic issues its highest fine to date for data protection infringement
France - Facebook sanctioned by the CNIL
France - The CNIL issues its annual report
Germany - GDPR implementation test issued by the Bavarian DPA
Germany - Germany adopts GDPR implementation bill
Greece - Greece’s Supreme Court rules that ex-employee communications can be retrieved and used as evidence in court
Ireland - ODPC publishes 2016 Annual Report
Italy - Italian DPA published GDPR guidance
Netherlands - Dutch DPA publishes GDPR guidance
Romania - New European data protection order conference held in Romania
Serbia - Serbian DPA sets out its approach to potential data protection breaches
Ukraine - Ukrainian authority publishes 2016 annual report
London - Walbrook
+44 (0) 20 7894 6925
+44 (0)20 7894 6577
+44 (0)20 7894 6930
Khurram Shamsee, Hans Allnutt, Eleanor Ludlam
Jade Kowalski, Rhiannon Webster, Ceri Fuller, Khurram Shamsee, Sophie Devlin, Christopher Air
Jade Kowalski, Rhiannon Webster
Aleksandar Dimitrov, Neal Pal
Rhiannon Webster, Charlie Christie
Michael McMillen, Rhiannon Webster
Ceri Fuller, Khurram Shamsee, Jade Kowalski, Sophie Devlin, Christopher Air
Hans Allnutt, Patrick Hill, Laura Stewart
Hans Allnutt, Camilla Elliot
Hans Allnutt, Patrick Hill
Hans Allnutt, Rhiannon Webster, Patrick Hill
Hans Allnutt, Rhiannon Webster