EU General Data Protection Regulation (GDPR) News

MGA Coalition Covers Firms with Cyber Exposure Under EU’s Data Privacy Law

Coalition, the San Francisco-based managing general agency that specializes in cyber insurance for small and mid-sized businesses, announced it is broadening coverage to include exposures to violations of the European Union’s General Data Protection Regulation (GDPR). Unlike other cyber insurance …

Irish Data Regulator Probes Twitter over Privacy Rules Breach

Twitter’s lead regulator in the European Union, the Irish Data Protection Commissioner (DPC), said on Friday it was investigating the company for a breach notification received from the social networking site. “The DPC has this week opened a new statutory …

France Fines Google $57M for Breaching EU’s Data Privacy Rules Under GDPR

France’s data protection watchdog fined Alphabet’s Google 50 million euros ($57 million) on Monday [Jan. 21] for breaching European Union online privacy rules, the biggest such penalty levied against a U.S. tech giant. The French regulator said the world’s biggest …

2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead

Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the cyber insurance …

Most UK SMEs Don’t Understand Risks of Cyber Attacks, Data Loss: Aon Poll

A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more than eight out of …

British, Dutch Regulators Fine Uber for 2016 Cyber Attack

British and Dutch regulators on Tuesday [Nov. 27] fined ride-hailing service Uber for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users. Names, mobile phone numbers and email addresses were compromised in the breach, …

IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use

International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged governments to target regulation at those companies. Without …

Willis Towers Watson Launches Cyber Solution for Airports

In response to cyber and digital risk being identified as the top concern facing airports today¹, Willis Towers Watson has introduced CyFly for Airports, an insurance solution specifically tailored to cover cyber exposures affecting airports around the globe. CyFly is …

Federal Cyber Privacy Bill Calls for Fines, Prison for Executives’ Violations

A senior Democratic U.S. senator on Thursday unveiled draft legislation that would allow hefty fines and as much as 20-year prison terms for executives who violate privacy and cybersecurity standards. Senator Ron Wyden released a draft of legislation that would …

FBI, Global Regulators Investigating Facebook’s Largest-Ever Data Breach

Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its largest-ever data theft hit fewer than the …