IDG Contributor Network: How to be compliant with data breach notification laws

Most countries today have stringent laws governing data breach notifications. These laws mandate government, private organizations and individuals who conduct business in any form to disclose any breach of private, confidential customer information by unauthorized third parties.The penalties for failure to disclose such breaches may be huge. A few years back in the United States, the Federal Communications Commission (FCC) imposed a penalty of close to $10 million against two telecom businesses