Law firm partner describes data subject claims as ‘effectively becoming the new PPI’ as practice reports activity uptick
Data subject claims – made by individuals whose data has been compromised following a corporate insured experiencing a data breach – is “effectively becoming the new PPI”, often acting as a “sting in the tail” for organisations attempting to recover after a cyber attack.
Tom Pelham, a partner specialising in cyber breach responses at law firm Kennedys, told Insurance Times that although these claims against insureds are usually “low level”, the “huge uptick” in volume could see businesses facing a hefty exposure.
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