GDPR three years on: 90% of security leaders concerned about data breach litigation
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Increased rights for data subjects under GDPR mean security leaders are now more concerned about legal settlements than regulatory fines
London, UK – 25th May 2021 – Research by Egress has revealed that an overwhelming 90% of security leaders are concerned about group legal settlements following a serious data breach, compared to 85% who are worried about regulatory fines. Launched to commemorate three years of GDPR, the research also found that almost half (47%) of consumers would likely join a class-action lawsuit against an organisation that had leaked their data, proving security leaders’ fears to be accurate.