The potential financial impact of the General data Protection Regulation (GDPR) has generated concern across organisations globally. It is important for you to be aware of how the insurability of fines, legal and other costs and liabilities following a data breach is approached in different jurisdictions. GDPR fines can reach up to €20 million or, if higher, up to 4 percent of a group's annual global turnover.
Aon has partnered with DLA Piper to provide insight into the insurability of GDPR fines across Europe and the potential financial impact of a data breach.
We hope that you find this an invaluable guide to understanding and managing the impact of GDPR on your organisation, while supporting you and your stakeholders to make informed decisions.
Source: DLA Piper
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GDPR at a glance
Insurability by country
GDPR heat map
Common issues in international cyber scenarios
Next steps for organisations