Markets should brace for a surge of data breach claims in 2021
"Businesses up and down the country may have hoped Brexit would free them from what was variously presented to them as frankly unnecessary red tape and legal obligations imposed by Brussels.
"Whether this turns out to be the case remains to be seen but what we can say for certain is the EU model of data protection, long viewed by many businesses as one of their most complex compliance challenges, is here to stay - at least in the short term."
Steve Kuncewicz, Partner and Head of Creative, Digital and Marketing Sector Group analyses further in a piece for Insurance Day. (Subscription required)