Author: N/A

Publisher: Telus International

Publication Year: 2019

Summary: The following article talks about a digital security software company Thales, which says, the majority of consumers say companies are responsible for protecting them from data breaches, with 64% reporting theyโ€™re โ€œunlikely to do business with a company where their financial or sensitive data was stolen.โ€ Data stewardship and protection, therefore, is an issue that affects your enterpriseโ€™s reputation, customer trust and overall business health. โ€œWith so much data available on consumers and so many examples of companies selling and misusing that data, customers are wary of sharing information with brands,โ€ says Blake Morgan, author of More is More: How The Best Companies Work Harder And Go Farther To Create Knock-Your-Socks-Off Customer Experiences. โ€œData transparency is the foundation of customer trust in our modern world,โ€ says customer-service expert, Morgan. Every organization is eager to improve their customer experience, but it shouldnโ€™t come at the expense of data privacy and customer trust.