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A legal requirement in many jurisdictions to inform affected individuals and authorities when a data breach occurs.
Understanding breach notifications is crucial for legal compliance, risk management, strategic decision-making, and ensuring that the organization navigates the complex aftermath of a data breach effectively. Many jurisdictions have specific laws and regulations dictating how and when companies must notify affected parties of a data breach. In-house lawyers need to be familiar with these requirements to ensure the company remains compliant and avoids legal penalties.