Majority of compliance workers fear data breaches go unreported
A survey by the Compliance Institute reveals that over half of Irish compliance professionals believe data breaches go unreported within their organizations. Respondents cited fear of personal blame, potential brand damage, and regulatory penalties as the primary reasons for this lack of transparency.
Why it matters
Underreporting of data breaches undermines cybersecurity efforts and prevents organizations from addressing systemic vulnerabilities, potentially leading to larger future incidents.
Chief executive of the Compliance Institute Michael Kavanagh said 'even a small number of unreported breaches can have a significant impact" and it is essential that organisations "encourage a culture where raising an incident is supported and protected'.
The article reports on survey findings from a professional body without taking a political stance or using loaded language.
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