In a year marred by highly publicized privacy mistakes and missteps, American Express quietly retained its position atop the list of brands most trusted by U.S. consumers, according to the Ponemon Institute’s annual Most Trusted Companies for Privacy Study. It is the fifth consecutive year that American Express earned the Most Trusted for Privacy distinction. IBM, Johnson & Johnson, Hewlett Packard, and E-Bay rounded out the five top-rated companies.
The rankings were derived from responses given by 6,627 U.S. adults that included more than 38,000 individual company ratings, 229 of which were mentioned at least twenty times. Among the brands that made the top twenty were four not listed in the previous study, including Google, Weight Watchers, Walmart, and AT&T. Of the companies listed last year, Facebook, AOL, and eLoan did not make the 2010 list.
“2009 was a tumultuous year for privacy, as illustrated by Facebook’s drop out of the top twenty in a year when they found themselves at the center of a very public debate over the evolution of their privacy policies and settings,” said Dr. Larry Ponemon, chairman and founder, Ponemon Institute.
2010 Most Trusted Companies for Privacy (Top 20)
1 American Express (1)
2 IBM (3)
3 Johnson & Johnson (5)
4 Hewlett Packard (6)
5 E-bay (2)
6 U.S. Postal Service (6)
7 Procter & Gamble (7)
8 Amazon (4)
8 Nationwide (9)
9 USAA (11)
10 WebMD (13)
11 Intuit (12)
12 Apple (8)
12 Disney (16)
13 Google (not in top 20)
14 Verizon (17)
15 US Bank (19)
15 Charles Schwab (10)
16 Weight Watchers (not in top 20)
17 Yahoo! (14)
18 FedEx (18)
19 Walmart (not in top 20)
20 AT&T (not in top 20)
20 Dell (20)
Among the survey’s significant findings:
+ Consumers feel they are losing control of personal information. Only 41 percent of consumers feel they have control over their personal information, down from 45 last year and an overall drop from 56 percent in 2006.
+ Identity theft is top of mind. Fifty-nine percent of consumers said fear of identity theft was a major factor in brand trust diminishment, and 50 percent said notice of a data breach was a factor. Other significant threats to brand trust were abuse of civil liberties and annoying “background chatter” in public venues.
+ Privacy “features” contributed to brand trust. Substantial security protections were identified as a trust asset by 60 percent of consumers, while 53 percent said accurate data collection and use was a trust asset. Other significant positive factors were limits on the collection of personal information and online anonymity.
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Recently I have found myself cooing over visualisation maps (and heat maps) of health and well being resources. The content rich data is overlayed with mapping technologies, and some interesting themes and patterns are emerging.
A lot of the talk around social media in the last year has been around information overload. Social media has provided us with new and exciting ways to create content. But it has also meant learning new ways to manage and engage with social media tools. Are we teetering on the edge of an information overload precipice?
Information overload is a figment of your imagination. Or a failure of your filter. Or a symptom of your technological submissiveness. Depends on who you ask.
What if you had to sort through 3.5 million articles and social media posts a day and try to pull out the most relevant items for your organisation? What if you then had to cobble it all together into something readable for your top groups and executives in your organisation?
Alacra Compliance saves time by aggregating information from both free and fee-based sources and enabling users to conduct an accurate federated search across these sources (coined “simultaneous search” by Alacra).