Businesses overestimate consumers' level of 'digital trust'

How much do you trust businesses with your data? A new report from CA Technologies reveals 48 percent of consumers have stopped using the services of an organization because of a data breach. Yet the study, conducted by analysts Frost & Sullivan shows varying attitudes to data stewardship among businesses, with nearly half admitting to selling customer data, while claiming that data protection is paramount. This is highlighted by a 14-point gap between the Digital Trust Index of consumers (61 percent) and the perceptions by business decision makers and cybersecurity professionals (75 percent), showing mismatched perceptions among these audiences in… [Continue Reading]