AIG warns of rise in data breaches as GDPR comes into force

Cyber crime

A surge in data breaches and other security failure insurance claims is expected when the EU General Data Protection Regulations (GDPR) come into force on 25 May, according to research from AIG Europe.

AIG head of cyber for Europe, the Middle East and Africa Mark Camillo warned that GDPR would become “another tool for negotiation by extortionists”.

He said: “They will threaten to compromise an organisation’s data unless a payment is received, knowing that the consequences could be more

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: