Data breach claims rise after GDPR implementation: Zurich Insurance

Posted On: Nov. 8, 2018 5:04 AM CST

Thomas Clayton, underwriter at Zurich Insurance Co. (UK) Ltd., said that data breach claims and notification costs have increased significantly following the implementation of the General Data Protection Regulation, Bank Info Security reported. Mr. Clayton said that the U.K. Information Commissioner's Office, looks for firms' breach response action plans while investigating data breaches.