Since January 1, 2016, The Netherlands have the Data Breach Notification Obligation, being the first European country with such a legislation. In Belgium on the contrary, there is a lot of confusion regarding such a legislation. Now, only Belgian telecom companies have to report data laws. However, according to research by Belgian trade organization BELTUG, only half of Belgium companies realize they have to report these, but nobody truly knows what should happen.
Netherlands perfect example
According to Fox-IT’s Erik De Jong, Belgium should have to start offering clarity and unity in their policy regarding data breaches. The Netherlands can be a perfect example in this. According to him, a legislation as the Data Breach Notification Obligation is especially a call to action for a lot of (Belgian) companies to take cybersecurity serious and put it on the agenda of the C-Suite, as a data breach can have consequences regarding the company’s financial situation, its reputation with its shareholders and the situation of its cybersecurity.
Read the full article (in Dutch) on Computable.be