Corporate cyber incident reporting is lacking in accuracy and transparency, hindering efforts to track cyber threats. Many companies fail to disclose incidents due to fear of reputational damage, legal complications, and lack of clear reporting guidelines. Improved reporting standards are needed to enhance cybersecurity initiatives and protect against cyber attacks.

Louis Vuitton says UK customer data stolen in cyber-attack – The Guardian
Summarize this content to a maximum of 60 words: Louis Vuitton says UK customer data stolen in cyber-attack The Guardian