- During the third quarter of 2022, approximately 15 million data records were exposed worldwide through data breaches. This is an increase of 37% compared to the previous quarter.
- Cyber incidents in the automotive industry: new report reveals 31% of automotive Cyber incidents are data breaches.
- NCSC research indicates that the cyber threat to the UK sports sector is significant. At least 70% of the sports organisations have experienced at least one cyber incident or harmful cyber activity.
- The European Data Protection Board (EDPB) has updated their data breach notification guidelines for controllers and processors, especially affecting those who are not established in the EU.
- Guidance confirms that having an EU representative does not trigger the “one-stop-shop” principle.
- This means companies not established in the EU but subject to GDPR, would need to notify the supervisory authority in every Member State where the individuals are affected.
- As the UK has now left the EU, this affects all UK companies who now need to review their breach notification processes.
Data protection and privacy regulations are fundamental for any company/industry operating in today’s digital world. One such law is the General Data Protection Regulation (GDPR) — a law which requires companies to have strong security systems to protect the data of EU citizens. those who are present in the European Union (EU), irrespective of their citizenship.
Even with strict security systems in place, companies still run the risk of data breaches, and this is where the GDPR’s data breach notification guidelines come in. These guidelines provide the necessary steps to notify the relevant authorities and stakeholders about a data breach on-time.