Consumer Trust in Digital Environments: Examining the Impact of Privacy and Security Measures on Brand Perception

Authors

    Carlos Moreno Associate Professor of International Finance, Instituto de Finanzas y Economía, Spain
    Priya Nair * Chair of Digital Marketing Strategies, Indian School of Business & Economics, India Nairpripri@gmail.com

Keywords:

Consumer Trust, Digital Privacy, Brand Perception, Data Security, GDPR

Abstract

This paper investigates the relationship between privacy and security measures and consumer trust in digital environments, with a particular focus on brand perception. The research explores how brands can build and maintain trust by implementing robust data protection strategies and transparent privacy policies. Using empirical data from consumer surveys and case studies of leading digital platforms, the study analyzes the factors that influence consumer trust, such as encryption, data anonymization, and user consent mechanisms. It also examines the role of regulatory frameworks, like the General Data Protection Regulation (GDPR), in shaping consumer attitudes and brand reputation. The findings reveal that brands investing in advanced security protocols and transparent communication practices are more likely to gain consumer loyalty and positive brand perception. This research provides actionable insights for marketers and business leaders on enhancing consumer trust through strategic privacy and security measures.

Published

2024-11-01

Submitted

2024-05-25

Revised

2024-09-18

Accepted

2024-10-03

How to Cite

Moreno, C., & Nair, P. (2024). Consumer Trust in Digital Environments: Examining the Impact of Privacy and Security Measures on Brand Perception. Business, Marketing, and Finance Open, 1(6). https://bmfopen.com/index.php/bmfopen/article/view/30

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