Insurance and Financial Firms Prepare to Face New EU Privacy Regulations

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With data breaches at Facebook dominating the headlines, privacy and personal data are top of mind for consumers. The European Union has issued the General Data Protection Regulation (GDPR), enforcing new rules on how companies can collect consumer data and allowing consumers themselves to verify the data that each company has about them.

According to research, financial services firms and insurance companies are most likely to be inundated with privacy requests when the regulations go into effect. Learn which businesses are subject to the regulations at The Actuary.

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