Future of Data Privacy for Businesses Virtual Summit (Nordic 2nd Edition) 2024 | Group Futurista | 6 March 2024 | Online

In today's data-driven age, safeguarding customer information isn't just a compliance checkbox; it's the linchpin of trust between businesses and their clientele. As of 2021, global data privacy breaches cost an astounding $4.24 million on average per incident, a figure that continues to climb relentlessly. With high-profile data scandals making headlines, customers demand more than ever that their data remain sacrosanct.

But it's not all doom and gloom. Forward-thinking businesses have a golden opportunity to stand out by championing data privacy. Data privacy isn't just about avoiding fines; it's about cultivating a loyal customer base. According to a recent survey, 87% of consumers are more likely to trust a business that takes data privacy seriously. By weaving privacy into their DNA, companies can demonstrate their commitment to customer welfare while differentiating themselves in a crowded market.