Page 142 - Cyber Defense eMagazine RSAC Special Edition 2025
P. 142

Customer  Trust  Is  a  Business  Imperative:  It’s  Not

            Enough to Just Protect Customer Data, Businesses


            Must Show Proof of Their Efforts as Well.

            By Sam Rehman, Chief Information Security Officer, SVP at EPAM Systems, Inc.



            Customer trust is not a nebulous or abstract idea, but a real driver of business success, especially in
            today’s  digital-first  world.  In  a  study  on  data  privacy,  94%  of  surveyed  organizations  reported  their
            customers would not buy from them if they did not protect data properly. Customer trust and cybersecurity
            are inseparable, and businesses must implement measures and strategies that help build customer trust
            and restore it should a breach occur.

            However, customer trust encompasses more than data security. Pew Research Center reports that 81%
            of U.S. adults believe companies will use their information in ways that make them uncomfortable. Such
            sentiment reflects the fear among consumers that companies collect their data without their permission.
            Security, privacy, transparency and collaboration are the bedrock of customer trust; these four elements
            are essential for increasing retention and revenue.







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