Personal liability and insurance brief
In addition to the responsibility the company has after GDPR implementation, the board and the general manager may incur personal liability. Such liability may arise if the company, and thus shareholders, suffer losses as a result of, for example:
- the high fines GDPR allow (up to 4% of annual group turnover )
- relief measures following data breach
- notification costs following data breach
- interruption losses
Your organisation must provide:
- implementation team
- overview of current insurance policies
- the company's most recent annual accounts
Please contact us.
