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01 June 2018 / Alison Padfield
Issue: 7795 / Categories: Features , Insurance surgery , Insurance / reinsurance
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Cyber games

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​Alison Padfield QC looks at cyber insurance in the light of the GDPR and asks: what is it, and who needs it?

  • The entry into force of the GDPR will boost the developing market for specialist cyber insurance.
  • Insurers are likely to look to control their exposure.

The General Data Protection Regulation (GDPR) entered into force in English law on 25 May 2018 amid huge publicity. The reporting obligations under the GDPR include reports of serious data breaches to the supervising authority within 72 hours (Article 33) and to affected data subjects (Article 34). The GDPR also facilitates group actions (Article 80) and increases the ceiling for fines to €10m or €20m, or 2% or 4% of total worldwide annual turnover, depending on the type of breach (Article 83). Against this background of more extensive reporting obligations and the encouragement of group actions, the volume of civil claims and the number of fines imposed by the Information Commissioner’s Office (ICO) are likely to increase. Civil claims may include not only damages for financial

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MOVERS & SHAKERS

London Solicitors Litigation Association—John McElroy

London Solicitors Litigation Association—John McElroy

Fieldfisher partner appointed president as LSLA marks milestone year

Kingsley Napley—Kirsty Churm & Olivia Stiles

Kingsley Napley—Kirsty Churm & Olivia Stiles

Firm promotes two lawyers to partnership across employment and family

Foot Anstey—five promotions

Foot Anstey—five promotions

Firm promotes five lawyers to partnership across key growth areas

NEWS
Freezing orders in divorce proceedings can unexpectedly ensnare third parties and disrupt businesses. In NLJ this week, Lucy James of Trowers & Hamlins explains how these orders—dubbed a ‘nuclear weapon’—preserve assets but can extend far beyond spouses to companies and business partners 
A Court of Appeal ruling has clarified that ‘rent’ must be monetary—excluding tenants paid in labour from statutory protection. In this week's NLJ, James Naylor explains Garraway v Phillips, where a tenant worked two days a week instead of paying rent
Thousands more magistrates are to be recruited, under a major shake-up to speed up and expand the hiring process
Three men wrongly imprisoned for a combined 77 years have been released—yet received ‘not a penny’ in compensation, exposing deep flaws in the justice system. Writing in NLJ this week, Dr Jon Robins reports on Justin Plummer, Oliver Campbell and Peter Sullivan, whose convictions collapsed amid discredited forensics, ‘oppressive’ police interviews and unreliable ‘cell confessions’
A quiet month for employment cases still delivers key legal clarifications. In his latest Employment Law Brief for NLJ, Ian Smith reports that whistleblowing protection remains intact even where disclosures are partly self-serving, provided the worker reasonably believes they serve the ‘public interest’ 
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