Security News > 2020 > July > Most consumers do not trust big tech with their privacy
"According to a Ponemon Institute study sponsored by ID Experts, a provider of identity protection and data breach services, consumers have taken notice. The study, Privacy and Security in a Digital World: A Study of Consumers in the United States, found that, on a scale of 1 to 10, 86% of adults said they are"Very concerned" about how Facebook and Google use their personal information.
"Most consumers do not believe big tech companies alone will protect their privacy rights through self-regulation."
Even as consumers become more knowledgeable about privacy issues, they are spending more time on social media sites and smartphones,.
"This research illuminates the gaping chasm between the privacy that consumers wish to have online and the ugly reality of how their personal data is acquired, aggregated, and misused by companies that they no longer trust," said Tom Kelly, president and CEO of ID Experts.
"As consumers' lives increasingly move online, many realize the risk it poses to their privacy but don't know or don't take the proper steps to protect their right to privacy," said Ponemon.