Half of businesses will not deal with companies who have suffered data breaches

More than half of mid-sized businesses across Europe would refuse to do business with an organisation which has suffered a data breach, despite the fact many see data loss as just another part of everyday business.

That is according to the second annual pan-European Information Risk Maturity Index by global information management firm Iron Mountain and professional services provider PwC, which examined how companies expect to respond to information risk.

It found that companies are experiencing up to a 50 per cent increase in data breaches per year. The report suggests European firms’ approach to data management is marred by confusion, inconsistency and double standards.

SOURCE: computing.co.uk