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Companies pick and choose which data breaches to report

One in 7 information technology companies have not reported data breaches or losses to outside government agencies, authorities or stockholders. Only 3 out of 10 said they report all data breaches and losses related to intellectual property. Main reasons for not disclosing data breaches are fear of media coverage, damage to brand and shareholder value. Economic recession has impacted how organizations are looking at where they store sensitive data. China, Russia and Pakistan considered the least safe, while the U.K., Germany and U.S. were seen as the safest.”]

Source: https://www.csoonline.com/article/2127907/companies-pick-and-choose-which-data-breaches-to-report.html

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