Insurance in MOtion – Privacy and sexual harassment impose increased D & O risks

September, 2018

Increased risks for directors and officers are not just arising from the external environment- companies need to manage the internal risks arising from privacy breaches and sexual misconduct. This has ramifications for corporates and their insurers.

Management liability specialist Kevin LaCroix has pointed to US trends as forewarning of what can be expected in the Australian market which has seen this issue give rise to an increased number of claims, both individual and as a basis for class actions.

Mandatory data breach reporting means more information publicly available in relation to data breaches, and the figures show the majority of those breaches arise from employee error. Improved training could certainly help reduce these instances.

The Me Too movement has raised awareness of sexual harassment in the workplace, with associated increases in complaint numbers. Obligations to provide a safe workplace clearly make this a potential management liability.

Read more here.

Contact Mills Oakley

For more information please contact:

Daren Curry | Partner
T: +61 2 8289 5817

Frazer Hunt | Partner
T: +61 2 8035 7972

Katherine Ruschen | Partner
T: +61 2 8035 7964

Louise Cantrill | Partner
T: +61 2 8289 5846

Michael Down | Partner
T: +61 2 8289 5852

Stephen Aroney | Partner
T: +61 2 8289 5818

Stuart Eustice | Partner
T: +61 3 8568 9542

David Slatyer | Partner
T: +61 7 3228 0446

Mark Civitella | Partner
T: +61 8 6167 9812

David McKenna | Partner
T: +61 8 6167 9850
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