This webinar covers cyber risks and claims, how they unfold and how the regulatory environment influences the ultimate cost of a data breach. We'll take a closer look at the impact of Europe's GDPR since coming into force in May 2018, the ransomware epidemic and provide claims and underwriting recommendations to address some of the many challenges faced by cyber re/insurers today.
Key focus areas and takeaways:
- Knowing what cyber risks are out there, understanding what they entail and the environment they occur in is key to mitigate the impact and cost of cyber losses
- The world of privacy is changing offering more protection for data subjects and as a consequences more litigation is likely
- Cyber is here to stay and impacts all industries – which means cyber security should be on top of everyone's agenda