Tuesday, 10 October 2017

Examples of cyber risk-related initiatives & template for cyber breaches published

Insurance Europe has published a special online resourcededicated to cyber risk insurance.

This includes a series of examples of insurance industry initiatives that aim to help strengthen cyber resilience, for example through awareness raising or by providing SMEs with advice.    
It also includes a template for breach notifications under the EU’s General Data Protection Regulation, which has been developed by Insurance Europe. The template is easy to use and allows the information to be compared across sectors. The data gathered would be anonymised but sufficiently granular to be of use to insurers for underwriting purposes.
The template was shared with the Article 29 Working Party in view of its work on guidelines for data breach notification templates.


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