Cyberattacks are a fact of life these days, so why do so many organizations keep quiet about incidents? Research indicates that over half of security professionals say their organization approaches cybersecurity with a culture of obscurity, with a third not sharing anything about their cybersecurity practices.
It seems that business leaders avoid revealing security issues because they believe confessing to incidents leads to a loss in customer confidence. Many brands are still driven by the misconception that financial loss and brand damage are inevitable consequences of any publicity about security and data protection concerns.
