Post by account_disabled on Dec 2, 2023 6:00:25 GMT -5
The French want more transparency on the use of their personal data but companies today seem to be mainly focusing on compliance… Publication date :January 30, 2023 Flipboard Reddit Pinterest WhatsApp E-mail Cisco has just unveiled the 2023 edition of the Data Privacy Benchmark surveying companies on their data privacy strategies.
Study finds that despite tough economic times, companies continue to invest in privacy , with spending increasing sharply from $1.2 million 3 years ago to $2.7 million dollars this year. French organizations, for their Buy Bulk SMS Service part, increased their investment from 2.1 to 2.7 million dollars between 2021 and 2023. However, a key takeaway from the survey is that businesses' privacy priorities differ from those of consumers .
Thus, 96% of French people think that companies must do more to reassure them about the use that is made of their data. Protecting customer privacy and business interests Despite a tense economic context, organizations continue to invest more and more in privacy protection. For good reason, 78% of French companies benefit significantly from their investments in privacy protection .
In particular, they notice that their customers have more confidence, that sales times are reduced and that there are fewer losses due to data breaches. Financially too, the benefits are notable. On average, French companies obtain a positive ROI of 1.5. Privacy has now become a business issue, with companies recognizing that they have a vital role to play in data protection . Therefore, 98% of French companies believe that all their employees must know how to ensure data confidentiality so as not to lose their customers .
Study finds that despite tough economic times, companies continue to invest in privacy , with spending increasing sharply from $1.2 million 3 years ago to $2.7 million dollars this year. French organizations, for their Buy Bulk SMS Service part, increased their investment from 2.1 to 2.7 million dollars between 2021 and 2023. However, a key takeaway from the survey is that businesses' privacy priorities differ from those of consumers .
Thus, 96% of French people think that companies must do more to reassure them about the use that is made of their data. Protecting customer privacy and business interests Despite a tense economic context, organizations continue to invest more and more in privacy protection. For good reason, 78% of French companies benefit significantly from their investments in privacy protection .
In particular, they notice that their customers have more confidence, that sales times are reduced and that there are fewer losses due to data breaches. Financially too, the benefits are notable. On average, French companies obtain a positive ROI of 1.5. Privacy has now become a business issue, with companies recognizing that they have a vital role to play in data protection . Therefore, 98% of French companies believe that all their employees must know how to ensure data confidentiality so as not to lose their customers .