Basically, a company is only incentivized to disclose compromises that were intentional and
financially motivated. That is, a hacker that intends to extort the company, sell the information or abuse it for financial gains will ultimately cause too much noise to keep it under the rug.
If this is what the company anticipates they will have to investigate and disclose.
It the breach is a foreign government or hush-hush data hoarder or the result of plain incompetence, the company can absolutely ignore the problem.