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.

Update: Kering confirms Gucci and other brands hacked; claims no conversations with hackers?
On September 11, DataBreaches broke the story that customers of several high-end fashion brands owned by Paris-headquartered Kering had their personal information acquired by ShinyHunters