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."
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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 December 22, 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 December 22, 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: December 22, 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 December 22, 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/
