- 35% of U.S. households have had a data security problem in the last 12 months, including identity theft, data theft or a computer virus.
- Only 25% of consumers think companies handle their personal data responsibly.
- Just 10% of consumers believe they are in complete control over their personal data
- 69% of consumers believe companies are vulnerable to cyberattacks.
- Nearly 70% of consumers look for honesty and transparency with their personal data when deciding what companies to trust.
- 42% of consumers believe companies should clearly communicate how they are complying with data regulations.
- Â 72% of consumers believe companies are the best to protect their data, not the government.
Clearly, companies have a large responsibility to not only protect their customers’ data, but to share their strategies. Building trust and retaining customers depends on how well a company can secure customer data.
With that in mind, here are five areas to include in your data security strategy:
- Monitoring
- Testing
- Compliance
- Transparency
- Updates
5 Steps To Secure Your Customer Data by Blake Morgan on Forbes