Recently, one of the commercial insurance company gave a warning that the new Directive on Data Protection Officer (DPO) of the project, as planned by the end of 2011 in Brussels, Belgium, can result in companies facing a higher cost of professional liability.
Lloyds of London insurer also predicted that the new revision of the laws of privacy would probably be a serious deviation from the original project as it was planned almost a decade and a half ago. This happens mainly because of the new focus on cyber-security measures in the wake of a series of pirate attacks reported serious taking place too late. A privacy and the best known line of Professional Indemnity underwriter Brit has insisted above makes clear.
A major industry expert, Ben Maidment recently recommended and encouraged the development of an insurance product unique company that will help you solve the exposures that would be centered around the loss of critical information and sensitive preferred. The insurer also said that if demand grows for such a product would have the ability of markets in the euro area will certainly rise to the point where the price will naturally linked to the market place more robust and well developed to United States.
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