What is a Data Breach?
A data breach occurs when information is accessed without permission. In a variety of ways, data breaches can harm organizations and consumers. According to research by the Ponemon Institute, the average overall cost of a data breach to a corporation is $3.86 million globally.
A security incident that compromises the confidentiality, integrity, or availability of personal data is referred to as a personal data breach. In summary, a personal data breach occurs when personal data is lost, deleted, corrupted, or disclosed by mistake; when someone accesses or passes on the data without proper authorization; or when the data is made unavailable.
According to Recital 87 of the UK GDPR, if a security incident occurs, you should rapidly determine whether a personal data breach has happened and, if so, take immediate steps to resolve it, including notifying the ICO if necessary.
Remember that when it comes to breach reporting, the focus of risk is on the potential negative implications for individuals. According to Recital 85 of the GDPR in the United Kingdom.
This means that a breach can cause a wide range of negative consequences for persons, including emotional suffering as well as bodily and material harm. Some personal data breaches will pose no hazards other than inconvenience to individuals who require the information to perform their jobs. Other breaches can have a substantial impact on those whose personal information has been compromised.
They must state the nature of the personal data breach in clear and unambiguous language, and at the very least:
a statement of the expected consequences of the personal data breach; and an explanation of the steps taken or proposed to deal with the personal data breach, including, where appropriate, a description of the measures taken to minimise any potential harmful effects.
If at all feasible, they should provide you with concrete and clear advice on how you can protect yourself and what they are willing to do to assist you. Depending on the situation, this could involve things like:
- Individuals are being forced to reset their passwords,
- Advised to establish strong, unique passwords
- Warned to watch out for phishing emails
- Fraudulent activity on r#YOUR accounts.