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Currently, most personal data breach reporting is best practice but not compulsory. Under the General Data Protection Regulation, it will be mandatory to report a personal data breach if it’s likely to result in a risk to people’s rights and freedoms. So, if it’s unlikely that the breach will result in a risk to people’s rights and freedom, there will be no need to report.
If the breach is likely to result in a high risk to people’s rights and freedoms, there is a further requirement to report the breach to the affected individuals. High risk can include the potential of people suffering significant detrimental effect, such as discrimination, damage to reputation or financial loss. The ICO can advise companies on who is affected and if affected individuals should be contacted in case the breach is considered to be high risk.