Swiss Re Corporate Solutions appoints Jeff Summerville as Head Casualty, Financial & Professional Services North America, effective immediately.Learn more
This publication written by Elena Jelmini Cellerini and Christian Lang looks at the consequences of a data breach in Europe
and compares the situations in Europe and the US with regard to the
major features of such an event. It provides a snapshot of where the
discussion stands at the beginning of 2017, about one and a half years
before the new European General Data Protection Regulation (GDPR)
will come into force. Watching the case law developing, in particular in
the UK which has taken some landmark decisions in this area, is also
an indicator for where Europe seems to be heading. The UK intends to
implement the GDPR in spite of Brexit.
Design, engineering, and construction have a multitude of project risks. Most of these are identified, well-defined, and, hopefully, allocated to the party most capable of managing the risk. However cyber intrusion and its potential impact on your business – or your project owner's business – is probably the least appreciated of all construction risks, and it has no clear path to risk allocation or management.Learn more
According to the United States-based identity Theft Resource Center, there have been more than 5 800 security breaches between 2005 and December 2015 in the US alone, during which hackers accessed third-party computer networks, stealing personal information including names, addresses, credit card numbers, PIN-codes, social security numbers and other financial information. In these breaches, more than 847m records were exposed. This paper considers the various losses and expenses these attacked companies face in the wake of a data breach and how widely used policy wordings respond to these issues. It also looks at how breached companies respond to a data breach, from a US perspective. The authors of this publication are Elena Jelmini Cellerini, Christian Lang, Catherine Lyle, Carol Kreiling and Ulrich Werwigk.