But two senior employees at some of the UK's most prominent cybersecurity firms say the use of NDAs by clients means similar breaches aren't being disclosed to the authorities.The use of NDAs has become standard practice between those offering cybersecurity expertise and their clients, due to the sensitive nature of their work.
Under the GDPR, failure to notify authorities of a data breach can cost a company up to $11 million or 2% of global annual turnover, depending which is higher. In the UK, companies affected must notify the ICO within 72 hours of becoming aware of the breach. He added: "The key priority for businesses should be to protect the personal data of their clients. There should be transparency between businesses, cybersecurity firms and the ICO to ensure this is upheld."
Paul Sutton, head of research and development at cyber firm Redscan, agreed, saying it was the responsibility of the breached organisation to report it.
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