Benefits and costs of breach reporting

The sale of data security protection is set to grow sizeably as companies face a legal requirement to report data breaches.
Telecoms providers and internet service providers are now required by EU law to report personal data breaches within 24 hours and these requirements form the basis of further legislation due to be enacted within the next year requiring all companies to report data breaches.
There are those who believe this imposes an impossible requirement on companies.

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