Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

ME consumers low on confidence in online privacy  Join our daily free Newsletter

MENAFN - Khaleej Times - 24/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Privacy index results show people in region are concerned but fail to take action.

with data being described as the oil of the future issues of online privacy have come under the spotlight of late. so in an era of heavy digitisation how confident are consumers in the middle east when it comes to online visibility

three paradoxes

‘we want it all’

the consumer who wants all conveniences and benefits of technology but is unwilling to trade privacy

‘take no action’

the consumer who takes virtually no special action to protect their privacy yet tends to place the onus on those handling their information

‘social sharing’

the savvy social networker who claims they value their privacy yet freely shares large quantities of personal data online. this consumer also often expresses a lack of confidence and trust in institutions to protect that information

quite confident compared to their counterparts according to a new privacy index study from emc corporation but concerns about the future of privacy are high.

analysing the feedback of 15000 consumers around the world — 1000 of whom represented the middle east region (including the uae saudi arabia and qatar) — several paradoxes were identified after a number of conflicting viewpoints came to light.

although many people showed concern for their online privacy the study found that many were failing to take action to protect it.

falling under the “we want it all” paradox it seems consumers want all the benefits and conveniences of digital technology yet they are unwilling to trade privacy to get them.

and though only 32 per cent of respondents from the middle east region say they are willing to trade privacy for convenience it still ranked second out of the 15 countries/regions analysed in the privacy index — a result which highlights how deeply conflicted the public are over privacy.

despite vast developments in technology and improvements in online security 56 per cent of respondents feel they have less privacy now than a year go with 70 per cent of respondents in the middle east hypothesising a decrease in privacy over the next five years.

during a presentation of the privacy index on monday emc’s senior vice-president and regional manager mohammed amin said data will soon become the business of the future.

“the greater the developments in technology the higher the increase in online usage and data. privacy is bound to decrease but what we need to do is keep on top of it.”

he said by 2020 the amount of data online will have increased ten-fold and the best solution to storing and monitoring it is through cloud computing.

“cloud computing will create a platform for data increase. its unprecedented potential to drive commerce and societal advancement rests on a foundation of trust” he said adding that individuals need to know that their data is not only secure but their privacy is protected too.

a look to the future

in the middle east the overall confidence in the future of privacy is low and is at the fore of the online visibility debate. but with 71 per cent of respondents voicing a need for more laws to prohibit companies from buying and selling data without ‘opt-in’ consent it is imperative for businesses to understand the range of customer perception.

expressing more confidence in an organisation’s skills in protecting their privacy (66 per cent) compared to its ethics in protecting them (63 per cent) consumers are more likely to engage in online activities with institutions that demonstrate greater privacy protection.

but when it comes to trusting a government with personal data the study shows that consumers in the middle east are happier than any other respondent with the way their data is handled.

so as digitisation continues to take over it is imperative consumers become more proactive when protecting their online privacy. and in regards to technology providers innovation and privacy protection can co-exist so institutions need to find ways to improve privacy across their offerings without compromising user experience.

kellykhaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Jul 27 2016 - KFH shareholders net profit KD 70.9 mln in H1Arab Times
(MENAFN - Arab Times) Hamad Abdulmohsen Al-Marzooq KUWAIT CITY, July 26: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, realized a net ...

 Jul 27 2016 - Kuwait- Expat Polish woman in immoral activitiesArab Times
(MENAFN - Arab Times) KUWAIT CITY, July 26: Criminal Investigation Department officers arrested a Polish woman for engaging in immoral activities. In a statement to the press, the Public Relations ...

 Jul 27 2016 - 'IS' kills priest in French churchArab Times
(MENAFN - Arab Times) This picture obtained on the website of the Saint-Etienne-du-Rouvray parish on July 26, shows late priest Jacques Hamel celebrating a mass on June 11, 2016 in the church of ...

 Jul 27 2016 - Indian technician nabbed for 'terminating' pregnancies Pakistani taxi driver in kidnap bid of Kuwaiti womanArab Times
(MENAFN - Arab Times) KUWAIT CITY, July 26: An Indian expatriate working as a technician was arrested by Criminal Evidences Men for using his flat in Farwaniya area to practice medicine and perform ...

 Jul 27 2016 - Burgan Bank honored with four awardsArab Times
(MENAFN - Arab Times) A Burgan Bank official receiving the awards KUWAIT CITY, July 26: Burgan Bank announced today that it has won four awards from The Asian Banking & Finance Magazine, one of ...

 Jul 27 2016 - Kuwait- Marriage certificateArab Times
(MENAFN - Arab Times) I recently read an article on the process for obtaining residency for a newborn in Kuwait. It was very helpful, however I still have one question: My wife and I were married in ...

 Jul 27 2016 - Kuwait- Abu Turab mother accused of joining DAESH releasedArab Times
(MENAFN - Arab Times) KUWAIT CITY, July 26: The Criminal Court, headed by Judge Muhammad Al-Deiaj, released on bail the mother of Abu Turab who has been accused of joining DAESH. The court, however, ...

 Jul 27 2016 - Kuwait's massive funds put it in safe zoneMENAFN
(MENAFN) Kuwait has been one of the few nations in the MENA region which stood up in the face of international crude oil prices decline, thus allowing it emerge with less to no damage.Additionally, ...

 Jul 27 2016 - UAE refuses to give in as it pushes ahead vital oil schemesMENAFN
(MENAFN) betting an oil price recovery will start as early as next year as demand begins to absorb the global glut, the UAE is closely working on launching massive new energy projects.In more detail, ...

 Jul 27 2016 - UAE leads by example in facing economic plungeMENAFN
(MENAFN) UAE has preserved its reputable position among regional and global countries as being a consistent supplier of oil despite a fall in oil prices by more than 50 percent in the last one ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help