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Why Privacy Initiatives Vary by Industry

    Online News published in DMReview.com
April 20, 2001

More companies overall are implementing privacy policies for their e- business and data warehousing initiatives, but the effort still varies widely by industry.

About one-third of all organizations have implemented a formal privacy plan, according to the 12th annual Information Systems and E- Business Spending study conducted by Computer Economics, a Carlsbad, Calif., information technology research firm.

But the status of privacy planning varies considerably across sectors. In the insurance industry, 45.8 percent of all companies have a formal privacy plan in place, while only 23.8 percent of professional services firms have a similar policy.

"During 2001 another 12.6 percent of organizations will formalize their privacy policies and plans, and by the end of 2002 over 50 percent of all organizations will have formalized a privacy policy," says Michael Erbschloe, vice president of research at Computer Economics and co-author of Net Privacy: A guide to developing & implementing an ironclad ebusiness privacy plan. "Overall things look good on the privacy planning front."

Status of Privacy Planning - 2001
  No Activity
Researching
Piloting
Implementing
In Place
All sectors 23.5%
26.2%
4.4%
12.6%
33.3%
Process manufacturing 46.4
10.8
3.5
0.0
39.3
Discrete manufacturing 24.2
17.5
9.2
18.8
30.3
Retail distribution 28.6
22.5
3.2
7.5
38.2
Wholesale distribution 23.1
24.4
4.5
14.4
33.6
Banking and finance 17.5
17.5
7.9
25.0
32.1
Insurance 12.2
33.1
0.0
8.9
45.8
Healthcare 11.9
34.3
0.0
17.9
35.9
Trade services 26.9
29.3
7.3
12.1
24.4
Professional services 31.0
26.2
7.1
11.9
23.8
Utilities 5.3
42.1
10.5
5.3
36.8
Transportation 46.6
13.3
0.0
9.0
31.1
State and local government 11.1
45.8
0.0
16.7
26.4
Federal government 6.2
36.1
0.0
24.9
32.8

For more information, please visit www.computereconomics.com.

...............................................................................

Check out DMReview.com's resource portals for additional related content, white papers, books and other resources.

This piece has been brought to you by the DM Review Editorial staff.



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