Yakir Golan's article in The Insurance Journal is an insightful look into the crystal ball of what lies ahead for the cyber insurance market in 2019. Indeed, further regulation of data and IT security is to be expected. We also continue to see a number of new players, often with MGA structures, entering the market.

From a legal perspective, I am particularly keen to continue developing solutions for silent cyber with insurers and brokers as well as exploring the interplay of cyber and other policies, especially D&O, more generally.

Finally, for Europe and Germany specifically, where BI is so far seen as the largest cyber risk, it will be interesting to see if and how the extended liability for data breaches under the GDPR will come into play, not only on an individual basis but also with new mechanics for collective redress, such as the new German model declaratory action or the EU class action which is currently discussed. The British Airways data theft case may give a flavour of what may lie ahead more frequently in the future.