New EC Law – Businesses to report data breaches within the EU within 24hrs

I have been meaning to post this information up for the last 2 weeks.  Recently I came across an interesting article from the SC Magazine regarding a new EU Law that will apply to the 27 counties within the EU.  Viviane Reding, vice-president of the European Commission in charge of justice, fundamental rights and citizenship mentioned that companies will need to report breaches within 24hrs.

The article goes on to explain the need and role of a data protection officer.  For more details please see the following link.

http://www.scmagazineuk.com/businesses-will-have-to-report-major-data-breaches-within-24-hours-under-new-ec-law/article/224624/