Experts Call for Breach Notification
DATA LOSS—UKJuly 16, 2010
Starting next May, telecoms and Internet service providers will be required to report data breaches, but some legal experts at a roundtable event this week said they would like to see mandatory breach reporting requirements for all, reports V3.co.uk. Field Fisher Waterhouse partner Stewart Room said that mandating breach notification would stop companies from burying the bad news. He said many firms "often decide not to report data breaches to the (Information Commissioner's Office) as they are not obliged to report it under law, yet could suffer retrospective punishment despite admitting the loss."