Data Security Resonates with Consumers

A recent survey from IBM found 78% of consumers say a company’s ability to keep their data private is “Extremely Important.” The same survey found that only 20% of consumers completely trust the organizations they do business with to keep their data safe.

Many organizations are struggling to keep up with data security. Companies collect and store more information on consumers than ever before, and the risks are higher than ever to keep that data safe. Federal and state legislatures are trying to find the right balance of rules and penalties, and many small businesses are lost in all of the information.

The current study on Cyber Resilience by IBM Security shows organizations are still struggling to keep consumer’s data safe. The study found organizations are facing a skills gap when trying to be more cyber resilient. These companies identify the best way to protect client data is to hire personnel skilled in this area. They also reported it’s very difficult to find and keep skilled cybersecurity professionals.

Skilled Cybersecurity Professionals Graph


At the same time organizations are seeing the importance of privacy in their IT security framework:

Importance of Privacy

With the California Consumer Privacy Act taking effect January 2020, many organizations are scrambling to understand the guidelines. Because of the sheer number of Californians, most organizations are choosing to make the changes for all of their customers instead of treating California residents differently.

All of these factors combine to create a complex problem for a business owner. Consumers understand the importance of data security after years of huge data breaches in the news. Organizations are struggling to hire and keep up-to-date skilled employees to keep customer data safe and adhere to new and evolving privacy regulations.

Many organizations are finding that it’s cheaper and more effective to outsource these responsibilities to an experienced Managed Service Provider like Quanexus. Data security is a priority for consumers. Is your company doing everything it can to protect client data?

Take a look at our latest video on Getting Started with IT Security and follow along in the video series to better understand what Quanexus can do for your business.

Quanexus IT Services for Dayton and Cincinnati

Request your free network assessment today. There is no hassle, or obligation.

If you would like more information, contact us here or call 937.885.7272.

Follow us on FacebookTwitter and LinkedIn and stay up to date on by subscribing to our email list.

Posted by Charles Wright