Are GDPR fines insurable?
DLA Piper and Aon have launched a guide ‘The price of data security‘, ahead of the General Data Protection Regulation (GDPR), effective from 25 May 2018. The guide reviews the insurability of GDPR fines across Europe, which can reach up to €20 million or, if higher, up to 4% of a group’s annual global turnover.
Source: EUROPE: Are GDPR fines insurable in the countries where you operate?