--- title: Are Data Hacks Scaring Customers Away? description: Trust is hard won but easily lost. In a world where personal data has real value and customers are well aware of it, a single data breach, if not handled correctly, can destroy confidence in your busi image: https://blog.tmb.co.uk/hubfs/dataHackBanner-o4dt1d6ry60xw8aspeps206gej4etemqw2rxy6bhkc.jpg --- - [0333 900 9050](tel:+443339009050) - [info@tmb.co.uk](mailto:info@tmb.co.uk) - Need to report an issue? - [Log A Ticket](https://www.tmb.co.uk/customer-it-support/) [![Technology Means Business](https://blog.tmb.co.uk/hubfs/TMB_February2019%20Theme/Images/white-no-group.png)](https://www.tmb.co.uk/) - [Managed IT](http://www.tmb.co.uk/managed-it-services) - [Backup & Disaster Recovery](http://www.tmb.co.uk/backup-and-dr) - [Fully Managed Service Desk](http://www.tmb.co.uk/tmb-managed-it-service-desk/) - [Microsoft 365](http://www.tmb.co.uk/microsoft-365-specialists/) - [IT Infrastructure](http://www.tmb.co.uk/it-infrastructure/) - [IT Consultancy](http://www.tmb.co.uk/it-consultancy-support/) - [Cyber Security](http://www.tmb.co.uk/cyber-security-monitoring/) - [Cyber Essentials](http://www.tmb.co.uk/cyber-essentials-certification/) - [Endpoint Security](http://www.tmb.co.uk/cyber-security-monitoring/endpoint-security/) - [Dark Web Monitoring](http://www.tmb.co.uk/cyber-security-monitoring/dark-web-monitoring/) - [Comms & Telephony](http://www.tmb.co.uk/it-infrastructure/hosted-telephony/) - [Gamma Partners](http://www.tmb.co.uk/gamma-partner) - [Business Broadband](http://www.tmb.co.uk/high-speed-business-broadband) - [Network Management](http://www.tmb.co.uk/network-management-service) - Software - [Pegasus Accounting & Operational Software](http://www.tmb.co.uk/pegasus-software) - [Software Development](http://www.tmb.co.uk/software-development/) - [About](http://www.tmb.co.uk/about/) - [Working for TMB](http://www.tmb.co.uk/recruitment/) - [Sectors](http://www.tmb.co.uk/industry-sectors/) - [Case Studies](http://www.tmb.co.uk/it-support-services-case-studies/) - [Areas We Cover](http://www.tmb.co.uk/areas-we-cover) - [Blog](https://blog.tmb.co.uk) - [Whitepapers & Guides](http://www.tmb.co.uk/tmb-free-guides) - [Vacancies](https://blog.tmb.co.uk/vacancies) - [Contact](http://www.tmb.co.uk/contact) - [Home](https://www.tmb.co.uk/) - Services - [Cyber Security & Monitoring](http://www.tmb.co.uk/cyber-security-monitoring/) - Backups & Business Continuity - [Office 365 Backup](http://www.tmb.co.uk/office-365-backup-service/) - [Fully Managed 24×7 Backup & Disaster Recovery](http://www.tmb.co.uk/backup-and-dr) - [TMB Managed Service Desk](http://www.tmb.co.uk/tmb-managed-it-service-desk/) - [IT Infrastructure](http://www.tmb.co.uk/it-infrastructure/) - [Consultancy](http://www.tmb.co.uk/it-consultancy-support/) - Microsoft Solutions - [Microsoft Windows](http://www.tmb.co.uk/microsoft-windows-specialists/) - [Microsoft Office 365](http://www.tmb.co.uk/microsoft-office-365-support-specialists/) - [Microsoft Enterprise Mobility + Security​](http://www.tmb.co.uk/microsoft-enterprise-mobility/) - [Microsoft 365](http://www.tmb.co.uk/microsoft-365-specialists/) - [Software Development](http://www.tmb.co.uk/software-development/) - [Accounting & Operational Software](http://www.tmb.co.uk/pegasus-software) - [Sectors](http://www.tmb.co.uk/industry-sectors/) - Resources - [Blog](https://blog.tmb.co.uk) - [Case Studies](http://www.tmb.co.uk/it-support-services-case-studies/) - [Downloads](http://www.tmb.co.uk/pegasus-accounting-software/downloads/) - Videos - [FAQ](http://www.tmb.co.uk/managed-it-services-faq/) - [Working for TMB](http://www.tmb.co.uk/recruitment/) - [About](http://www.tmb.co.uk/about/) - [Customer Support](http://www.tmb.co.uk/customer-it-support/) - [Contact](http://www.tmb.co.uk/contact) ![Are Data Hacks Scaring Customers Away?](https://blog.tmb.co.uk/hubfs/dataHackBanner-o4dt1d6ry60xw8aspeps206gej4etemqw2rxy6bhkc.jpg) - [Home](https://www.tmb.co.uk/) - [Blog](https://blog.tmb.co.uk) - Are Data Hacks Scaring Customers Away? # Are Data Hacks Scaring Customers Away? - [mark o](https://blog.tmb.co.uk/author/mark-o) - [June 22, 2018](https://blog.tmb.co.uk/archive/2018/06/22) - 09:47 AM - [No Comments](https://blog.tmb.co.uk/data-hacks-scaring-customers-away#comments-listing) - - - - - [mailto:?body=https://blog.tmb.co.uk/data-hacks-scaring-customers-away](mailto:?body=https://blog.tmb.co.uk/data-hacks-scaring-customers-away) ### Trust is hard won but easily lost. --- The recent [data breach at Dixons Carphone](https://blog.tmb.co.uk/dixons-carphone-breach) has shone yet another unwelcome light on a very real and pressing issue for businesses: consumer trust. According to data from cybersecurity specialist [Bullguard](https://www.bullguard.com/?from=bullguard.co.uk), businesses have a lot of work to do to. A study of 2,000 adults commissioned by the company has led to the rather startling statistic that nearly three quarters of those surveyed said they feared their personal data held by companies would be stolen in a hack attack and that their details would be at risk every time they handed over their bank details and email addresses. Distrust of organisations, it would seem, is pretty high. The core reason behind this high figure is likely partly fuelled by the fact that of those surveyed, one in five had had their data stolen, with a third of those victims left out of pocket as a result. Furthermore, 65% of those who had their data stolen as a result of a company hack were worried it could still be used maliciously. Should we really be surprised at the level of distrust consumers have in how businesses handle their data? News stories online and in the press are quick to pick up on cases surrounding people’s data, and individuals can freely circulate their own experiences and stories of data woes on social media. Don’t forget also that, right now, GDPR are four letters nobody is going to forget in a hurry, so data protection is very much at the forefront of everyone’s minds.   ![Man waving to camera](https://blog.tmb.co.uk/hs-fs/hubfs/Imported_Blog_Media/wavingMan-e1529656704895-2.jpg?width=650&height=504&name=wavingMan-e1529656704895-2.jpg) Thanks, but no thanks. Losing people's data is a great way to put them off doing business with you.   With such a focus on data, it’s hardly surprising that consumers are showing a more active interest in how their personal details are being looked after - and when things go wrong, they really start to take notice. Consumers are right to be concerned too. Identity fraud cases reached record levels last year, and among those polled by Bullguard, 71% were worried about becoming victims of ID fraud as a result of a company hack, while 69% were concerned about their credit card details being released into the wild. The fact is that some businesses are falling short. In a study of over 500 UK business leaders, business internet provider [Beaming](https://www.beaming.co.uk/press-releases/four-million-uk-businesses-vulnerable-losing-company-data-research-shows/) found that nearly four million UK businesses could be leaving themselves at risk of data loss because of inadequate backup practices, with nearly half of respondents confirming that they keep their backups on a separate system within the same premises. The study also found that, worryingly, 17% of those asked don’t back up business data at all and store information on individual computers and employee devices - sole traders and micro businesses employing less than ten people were most likely to be not backing up data. As for consumers, they can of course vote with their feet when it come to hacking concerns. Bullguard’s research showed that nearly half of respondents have stopped or avoided using a site or service because of a lack of trust in how that company will use their personal data. With the vast majority (85%) of respondents stating that their felt companies put profits ahead of the security of their customers, and just under half believing that businesses are not doing enough to protect their data, it’s clear that firms have a long way to go in convincing consumers that their data truly is safe. --- If you want to protect your business against data loss, contact TMB today. 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