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ARTICLE · 01 JULY 2024

Privacy Protection – A Business Requirement

Research continues to show that consumers expect businesses to take action to protect, and are transparent about, the personal information that they collect. Businesses can no longer ignore their privacy...

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Research continues to show that consumers expect businesses to take action to protect, and are transparent about, the personal information that they collect. Businesses can no longer ignore their privacy and data security obligations. To do so, is to risk a loss of consumer trust, which will result in a loss of revenue.

Cisco conducted a survey of 2,600 data security and privacy professionals in 12 countries. Respondents were questioned on their organization's privacy practices and spending, reactions to privacy legislation, and artificial intelligence. Below are some of the key findings of the resulting report, Privacy as an Enabler of Customer Trust (Cisco 2024 Data Privacy Benchmark Study):

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