Cyber risk expert warns of 'landscape' change

A hacker committing cyber crime on a laptop

Speaking at Chubb's cyber seminar, Michael Thyssen, European product manager, Chubb speciality insurance team, cited the looming implementation of European Data Protection Regulation.

He explained that the new directive - which includes compulsory breach notification - is set to be the catalyst behind greater awareness and take-up of cyber risk products.

"There is an increase of regulatory scrutiny and that's going to increase the exposure companies have and one way of mitigating this exposure

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