A TELUS survey reveals that data privacy is a top concern for both Americans (82%) and Canadians (79%), with many worried about how organizations handle personal data. Respondents prioritize reputation and trust in companies when deciding where to do business. Trust inspires purchasing decisions, and many daily consider their privacy. The survey highlights the need for responsible data management, particularly regarding AI development, with 90% of Canadians and 86% of Americans advocating for careful AI development in collaboration with diverse voices.
In a world where technology has become an integral part of our daily lives, concerns about data privacy have never been more prevalent. According to a recent survey conducted by TELUS, a leading communications technology company, data privacy is a top concern for both Americans and Canadians [1]. With 82% of Americans and 79% of Canadians expressing worries about how organizations handle their personal data, the need for responsible data management has never been greater.
The survey's results highlight the significant impact that data privacy concerns have on consumers' purchasing decisions. In today's digital age, trust is the foundation of business relationships. Consumers prioritize their trust and the reputation of companies above all else when deciding where to do business. This notion inspires purchasing decisions, with many daily considerations centered around data privacy [1].
One of the primary reasons for consumers' data privacy concerns is the fear of being hacked and tracked through their devices. In 2023, nearly six in ten respondents worry that their devices are vulnerable to security breaches and that organizations or individuals could track their movements through their devices [1]. These concerns have escalated significantly from the previous year, with smartphone users and smart home users expressing particular worries about data security and privacy on their devices [1].
Location tracking is another significant concern, with more than six in ten respondents worried that their movements and behavior could be tracked through their smartphones or smart home devices [1]. These security fears appear well-founded, as the number of data breaches continues to rise, with 2021 setting a record for total data breaches and the incidents in 2022 affecting an even greater number of people [1].
In response to these concerns, consumers are taking protective measures to safeguard their data. TELUS' survey identified 14 measures consumers could take to protect their data, including using two-step authentication, turning off location and Bluetooth connections, and installing security software [1].
The TELUS survey underscores the importance of responsible data management, particularly in the context of AI development. With 90% of Canadians and 86% of Americans advocating for careful AI development in collaboration with diverse voices [1], it is crucial that organizations prioritize data privacy and security in their AI initiatives to earn consumers' trust and build long-lasting relationships.
References:
[1] TELUS. (2023). Connectivity, mobile trends survey: Data privacy and security. https://www2.deloitte.com/us/en/insights/industry/telecommunications/connectivity-mobile-trends-survey/2023/data-privacy-and-security.html
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