More than 59,000 personal data breaches have been reported across Europe since the introduction of the General Data Protection Regulation (GDPR), with the Netherlands, Germany and UK most affected, according to new analysis from DLA Piper. Despite this, only 91 GDPR fines have been imposed, but the law firm expects higher numbers in 2019. DLA Piper said the number and…
Companies are being urged to plan for a no-deal Brexit, with a delay in the final decision now likely, but face a lack of advice as political uncertainty mounts…
The International Union of Marine Insurance (IUMI) has called for urgent guidance and new rules to help safely implement the International Maritime Organization (IMO) 2020 fuel sulphur cap that is exposing the maritime industry to a whole range of growing risks…
Ferma has welcomed the fact that proposed EC guidelines on artificial intelligence (AI) ethics will be voluntary, but raised concerns that the use of such technology in the underwriting process could put buyers at a disadvantage and mean some might not be able to obtain cover…
The European Commission (EC) has recalled a smartwatch aimed at children over concerns that its GPS feature could be hacked, exposing children to potential risk. It is thought to be the first time an EU recall has been issued over data protection issues. The EC’s RAPEX system issued the alert for the Enox Safe-Kid-One smartwatch last week. The Commission said…
US securities class actions reached a new peak last year, recording the highest number of filings since the 2000 dotcom crash, according to analysis by NERA Economic Consulting. However, NERA also noted a 25% drop in actions against foreign firms. This follows four years of growth in the exposure of foreign firms to securities litigation in the US. A total…
The French regulator has so far been pragmatic when it comes to enforcing the General Data Protection Regulation (GDPR), but a record €50m fine against Google in January suggests any honeymoon period is coming to an end…
Three years on from its introduction, Solvency II has had a largely positive impact on captives, an audience of risk professionals was told during the AMRAE conference in Deauville, France…
The UK regulator is working with other watchdogs across Europe to investigate complaints that Google has broken privacy laws and violated the General Data Protection Regulation (GDPR)…
The UK’s Information Commissioner’s Office (ICO) has fined pro-Brexit referendum campaign Leave.EU and the insurance company owned by its chief backer Arron Banks £120,000 for data breaches, and launched a data protection audit following further violations…