Insurer Offers GDPR-Specific Coverage for SMBs
Cyber insurance provider Coalition has announced new policies explicitly designed to cover fines and costs stemming from violations of the EU’s General Data Protection Regulation (GDPR).
The policies are targeted primarily at small and midsize companies that handle data on or offer goods and services to EU residents. Policy limits range from $25,000 to $10 million, covering defense costs as well as fines and penalties resulting from GDPR violations, says Joshua Motta, CEO and founder of Coalition.
