Summary:
- Facebook has been in existence for 20 years, but trust in social media remains low.
- Only 6% of people trust social media companies with their personal data.
- Trust in social media companies is lowest in Japan and the UK.
- Brits are the most distrusting nation when it comes to social media companies.
- US citizens are the most trusting of social media companies.
- Changes in social media data practices are needed to regain trust.
- Transparency, accountability, and user empowerment are important for rebuilding trust.
- Users should regularly review and adjust privacy settings on social media platforms.
- Critical industries like banking and healthcare are seen as the most trustworthy.
- Recommendations for increasing digital trust include risk-based authentication and consent management.
- Trust-building initiatives are essential for a safer digital environment.
Hashtags:
#Facebook #SocialMediaTrust #DigitalTrust #Privacy #Transparency #Accountability #UserEmpowerment #DataPrivacy #TrustBuilding #DigitalTrustIndex
https://www.infosecurity-magazine.com/news/20-years-facebook-trust-social/