OLDWICK, N.J.–(BUSINESS WIRE)–In this A.M.BestTV episode at the Risk and Insurance
Management Society, Inc.’s (RIMS) conference in San Antonio, TX, a panel
of insurance and risk management executives said more insured are
becoming aware and asking for broader coverage of the many forms of loss
that can be triggered when an organization’s network is compromised.
Click on http://www.ambest.com/v.asp?v=rims5418
to view the entire program.
The European Union’s (EU) General Data Protection Regulation (GDPR) is a
law coming into force on May 25 on data protection and privacy for all
individuals in the EU, as well as the export of personal data outside
the EU. Emy Donavan, global head, cyber, Allianz, spoke about
GDPR and how it will change the way in which businesses handle customer
data.
“GDPR really represents a very, very new threat for our insureds because
it includes not just the necessity of notifying a client, but the right
of a client to be forgotten,” said Donavan. “This means a company has
got to map all of its data and…
