Most security leaders said they were worried about group legal settlements following a serious data breach, research has revealed.
A survey by cybersecurity firm Egress revealed that while 85 per cent of respondents were concerned about regulatory fines after a data breach, 90 per cent were worried about group legal actions.
Three years after the General Data Protection Regulation (GDPR) came into force, the research also found nearly half (47 per cent) of consumers would probably join a class action against an organisation that had leaked their data.
However, only 67 per cent were aware of their right to take legal action following a personal data breach.
The UK-focused survey involved 250 secur...