4th Annual Global Privacy Benchmark Results

The 2023 Global Privacy Benchmarks Survey of over 2,000 privacy professionals found privacy continues to increase in importance for organizations, with most companies prioritizing privacy-related activities and investing more in data security. In the fourth year of the survey, we witnessed a slight increase in the percentage of enterprises with dedicated privacy teams, and along with this finding, a modest increase in the Privacy Index.

In the era of digital transformation and the proliferation of sensitive data, managing privacy risk is increasingly vital for organizations. The report reveals that companies are prioritizing privacy-related activities and investing more in data security as part of their operational and growth strategies. However, data breaches and the challenges of complying with regulations such as GDPR and CCPA continue to pose significant threats.

“Three quarters (74%) believe their companies can do more when it comes to strengthening privacy. Interestingly, this sentiment has modestly increased, not decreased, over the past year.”