Cyber crime incidents are widely under-reported, study finds

As many as 50 percent of cyber security professionals believe organisations are widely under-reporting incidents of cyber crime even if they have an obligation to do so as per the law of the land, ISACA’s State of Cybersecurity 2019 report has found.
Last month, a Freedom of Information request by Redscan found that a vast number of organisations either did not report incidents of cyber crime such as data breaches to the ICO or did not follow mandated data protection rules such as reporting data breaches within timelines, assessing how a breach occurred, or identifying the impact of a breach properly.