Security News > 2023 > January > Security teams expect breach and incident reporting requirements to create more work

78% of security professionals expect breach and incident reporting requirements to create more work for their teams, and 77% expect increased work from privacy requirements.

"Regulatory developments around both incident reporting and privacy will undoubtedly continue to ramp up in 2023," said Bill Bernard, AVP, Security Strategy at Deepwatch.

"Between differing perspectives on reporting timelines and the multiple agencies and authorities involved, breach notification compliance will be complex and challenging for security teams. On the privacy side, security professionals who typically don't consider themselves privacy professionals will need to play a role in enforcing various controls stemming from multiple privacy requirements emerging across numerous states, countries and governments," added Bernard.

Cybersecurity insurance is another cost concern for 78% of security professionals.

To keep up with rising threats, most security teams are prioritizing investments in their "Respond" and "Detect" functions of the NIST framework.

95% of security professionals cited continued staffing challenges, 82% of security professionals either have or are considering managed services.

News URL

https://www.helpnetsecurity.com/2023/01/03/breach-and-incident-reporting-requirements/