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That, and 280 or so company reviews, conversations with compliance officers, CISOs, auditors, pentesters, lawyers and other people in the M&A space about how those companies deal with security issues, reports and what constitutes a potential breach and what does not.

As for the absolute facts of the law: the only law I currently have in mind is the GDPR and that is a surprisingly readable piece of legislation.

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So I should expect a news post about Lovable owing GDPR fines for failure to disclose a breach any day now?
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Quite possibly. If you are a data subject affected by this affair you can contact your local DPA.
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