Data privacy study

Though many instinctively trust their banks and insurers with their data, once this trust is broken they are likely to act. Three quarters of consumers (74pc) would switch their provider in the event of a data breach. Among those who would remain with their bank or insurer if their information were compromised, over a quarter say they would be cautious about further investments. That's among the findings of a report by consultancy and outsourcing firm Capgemini’s Digital Transformation Ins