Data breaches can seriously threaten businesses, resulting in significant financial losses, legal ramifications, and reputational damage.
Article continues below
In case of such incidents, organizations must act immediately and transparently to minimize the damage to their customers and stakeholders.
According to the data presented by the Atlas VPN team, 42% of IT leaders have been told to keep a data breach confidential. Furthermore, more than half of businesses admitted to experiencing a data breach in the last 12 months.
The data is based on the Bitdefender 2023 Cybersecurity Assessment report. The research surveyed 400 IT professionals from various industry sectors who work in organizations with 1,000+ employees in the USA, UK, Germany, France, Italy, and Spain.
Nearly 30% of IT professionals had kept data breach a secret when they knew it should be reported. While these people should know better, they decided to side with the hackers and keep their crimes silent. In addition, customers whose information was stolen are also unaware that their data are in criminals’ hands.
When looking at the results by country, U.S. businesses were the least responsible when dealing with data breaches. Over 70% of IT leaders were told to keep a data breach confidential, while 55% kept data theft a secret when they knew it should be reported.
Companies in Germany were the most responsible when dealing with data breaches. Of the IT leaders surveyed, 35% were advised to maintain confidentiality regarding a data breach, but only 15% kept it quiet. Furthermore, 54% neither were told nor kept a breach confidential.
In UK businesses, 44% of IT professionals were suggested to stay silent about a data breach, and 36% did. About 1 out of 4 IT managers did not receive such advice nor stayed quiet about a data breach.
French IT leaders were the least likely to be told to keep a data breach confidential, as only a quarter encountered such an experience. Meanwhile, 37% of IT managers working for companies in Italy were advised to stay quiet about a data breach. The same was recommended to 35% of professionals in Spain. ■