Recently, a commercial insurance provider has given a warning that the new Directive on Data Protection Officer (DPO) of the project as planned in late 2011 in Brussels, Belgium, could lead companies to face higher a professional indemnity insurance costs.
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 liability underwriter Brit has insisted above makes clear.
One of the leading experts in the field, Ben Maidment has recently been advised and encouraged the development of insurance business a separate product that would help to resolve the liability would be focused on the loss of critical information, sensitive and privileged. The Supervisor also said that when the demand for these products is growing fame, the ability of the market in the euro area will grow to the point where taxes would, of course, have a more robust and well developed market in the U.S. .
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