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Irish Information Security Forum

MHC Cyber/Data Breach Review 2023

Source: Mason Hayes & Curran (www.mhc.ie)
Release Date: March 19th 2024

 

In addition to monetary consequences, the loss or unauthorised disclosure of data can have serious operational and reputational implications for organisations, not to mention legal consequences such as regulatory enforcement.

 

Events in the last year have demonstrated that businesses must have robust and appropriate security systems in place to adequately protect themselves from falling victim to a cyber incident / data breach.

 

The potential pitfalls of sub-optimal data security were laid bare in 2023 as a result of several high-profile incidents which attracted significant media and regulatory attention.

 

2023 saw the progress of several significant pieces of legislation which will affect how businesses approach data security going forward, chief among them the Digital Markets Act and the Digital Operational Resilience Act. Enhanced legislative oversight as well as the proliferation of technologies such as generative AI are likely to be key themes in data security going forward.

 

The Mason Hayes & Curran annual review considers key developments in the cyber/data security space in 2023 and distils the important lessons for businesses in 2024. 

 

Download the full Review

MHC Cyber Data Breach Annual Review 2023 cover

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