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Cybercrime – on the QT in IT?

Fear of penalties, litigation and reputational backlash has prompted a surprising number of companies, 42%, to pressure their IT and security staff to hide data breaches from regulators and customers, according to Bitdefender’s 2023 Cybersecurity Assessment. The survey of more than 400 IT professionals at companies of more than 1,000 employees, found that while 94% report being very or somewhat confident in their security tools, 52% had a data breach in the last 12 months and 29% admitted to not reporting a breach.