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Only 25% of companies disclose data breaches despite GDPR

A high number of businesses in Europe are choosing to not disclose cyber-security breaches to the public, despite the risk of heavy GDPR fines, a new study reports.

Researchers discovered that 75% of cyber-attacks are not published, with many companies indicating that they turn a blind eye to their legal obligations.

According to the research, less than a fifth (19%) of corporations gave official notification of hacks they suffered over the last five years, despite 66% of firms surveyed saying they were aware of their legal obligations under new EU data laws in terms of reporting to their local Data Protection Authority.

Source: #Privacy: 25% of companies disclose data breaches despite in GDPR era