U.S. and UK businesses concerned data privacy issues 2023

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	14%	17%	22%	24%	23%
Cost of compliance with privacy laws	10%	15%	29%	26%	20%

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Release date

July 2023

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Region

United Kingdom, United States

Survey time period

April to May 2023

Number of respondents

205 respondents

Special properties

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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