Indian Consumers Most Willing To Compromise Privacy-EMC

Computer Storage solutions provide EMC has said in a study that Indian consumers are the world’s most willing to compromise with privacy.

The company in its global findings of EMC Privacy Index, a global study conducted in 15 countries and among 15,000 consumers  mentioned, that 61 percent of Indian respondents said that they are willing to take the risk of a privacy breach for convinience.

The report also mentioned that Indian possess a high value of trust in their organisations capability to protect their privacy as 77 percent respondents nodded in this regard while 73 percent of the respondents said they are confident in their organisation’s ethics.

The findings also depicted that a major portion of the respondents believe that privacy will erode over the next five years and they are witnessing a less privacy as compared to a year ago.

”The privacy index reveals a global divergence of views around these critical issues of our time , and a warning call that responsibility for transparency , fairness, safe online behavior and trustworthy use of personal data must be shared by business, governments and individuals alike,” said Rajesh Janey, President, India and SAARC.

Some other key findings of the survey include-64 percent of Indian respondents agreed to have suffered from a data breach;41 percent don’t change passwords regularly;28 percent did not used password protection on their mobile devices;21 percent of the respondents did not read privacy statements; and 21 percent did not customised privacy settings on their social networks.