F5 research reveals majority of Australia and NZ consumers unwilling to buy from companies post data leak

F5 research reveals majority of Australia and NZ consumers unwilling to buy from companies post data leak

F5’s latest Curve of Convenience report shows that in the event of a data leak a majority of Australia/NZ consumers are unwilling to continue buying from the company involved (71%).

The report also reveals 89% of consumers are not comfortable with tracking mechanisms in their digital usage, being more likely to prioritize data consent over personalized experiences.

The Curve of Convenience report is a compilation of insights from more than 2,300 consumers across nine countries in the APAC region.

In contrast to the wider region, the report found consumers in Australia/NZ have the least trust towards established brands and their commitment to cybersecurity – only 36% believing their data is secure with those brands.

Only 42% are shown as willing to share data for a personalized experience.

Jason Baden, Regional Vice President, Australia and New Zealand, F5, said: “Given digital channels are now such an integral part of our lives, leaders need to strike a careful balance between security and convenience.”

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