A survey conducted in April and May 2023 revealed that around a quarter of United States and United Kingdom organizations were highly concerned about data privacy law enforcement involving their company. A further 35 percent were worried about data breaches and other cybersecurity incidents. Dealing with high costs of privacy law compliance was a concern for approximately 20 percent of the respondents.
Level of concern among organizations in the United States and the United Kingdom (UK) regarding selected data privacy issues as of May 2023
Characteristic
1 - Low level of concern
2
3 - Medium level of concern
4
5 - High level of concern
Data breaches / cybersecurity
8%
12%
16%
29%
35%
Litigation / regulatory enforcement action
11%
14%
20%
29%
26%
Loss of customer loyalty/trust (if perceived to not be respecting their privacy)
13%
19%
20%
25%
23%
Not fully utilizing our data to maximize sales / revenue
representatives of companies; organizations may have headquarters in several countries worldwide
Supplementary notes
The original question was phrased by the source as follows: "What is your organization’s level of concern when it comes to each of the following data privacy issues? Please rate each one from 1 to 5, where 1 = low level of concern and 5 = high level of concern."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Womble Bond Dickinson. (July 18, 2023). Level of concern among organizations in the United States and the United Kingdom (UK) regarding selected data privacy issues as of May 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1403516/us-uk-firms-data-privacy-issues/
Womble Bond Dickinson. "Level of concern among organizations in the United States and the United Kingdom (UK) regarding selected data privacy issues as of May 2023." Chart. July 18, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1403516/us-uk-firms-data-privacy-issues/
Womble Bond Dickinson. (2023). Level of concern among organizations in the United States and the United Kingdom (UK) regarding selected data privacy issues as of May 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1403516/us-uk-firms-data-privacy-issues/
Womble Bond Dickinson. "Level of Concern among Organizations in The United States and The United Kingdom (Uk) regarding Selected Data Privacy Issues as of May 2023." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/1403516/us-uk-firms-data-privacy-issues/
Womble Bond Dickinson, Level of concern among organizations in the United States and the United Kingdom (UK) regarding selected data privacy issues as of May 2023 Statista, https://www.statista.com/statistics/1403516/us-uk-firms-data-privacy-issues/ (last visited November 21, 2024)
Level of concern among organizations in the United States and the United Kingdom (UK) regarding selected data privacy issues as of May 2023 [Graph], Womble Bond Dickinson, July 18, 2023. [Online]. Available: https://www.statista.com/statistics/1403516/us-uk-firms-data-privacy-issues/
