The Compliance Institute polled 150 compliance professionals working primarily in Irish financial services organisations.

More than half of compliance professionals in Ireland believe that data protection breaches go unreported within organisations, according to the results of a new survey by the Compliance Institute.

19pc of respondents to the survey, which polled 150 compliance professionals working primarily in Irish financial services organisations, said that “many” breaches may go unreported, while 32pc believed that “a few” breaches may go unreported.

Michael Kavanagh, CEO of the Compliance Institute – the professional body for 3,850 compliance professionals in Ireland – said: “Even in organisations with strong compliance cultures, there is a real risk that some breaches are not reported.

“The fact that over half of compliance professionals believe breaches go unreported is a reminder that vigilance is required at every level.”