As regulators enact legislation that’s shaping data protection standards – namely GPDR, but also the New York Department of Financial Services’ cyber security regulations and Canada’s mandatory breach notification rules – the cyber strategies of companies are in turn improving, according to one expert in this field.
“There’s a wide spectrum of insureds that we see – Fortune 500 companies down to mom-and-pop stores – and of course, as you might expect, different levels of sophistication within that range, but absolutely, there’s more awareness of the issues,” said Jason Glasgow, vice president and practice lead of technology, privacy and network security professional liability for Allied World US.
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