Ranking of Software Companies with the Best and Worst Data Security Perception for 2024

In light of the upcoming Data Privacy Day on January 28th, Permutable AI, a leading provider of AI-driven business intelligence, has released new findings regarding the perceived data security of top and bottom-tier software companies. Permutable AI used its advanced AI technology to analyze public attitude towards data through a comprehensive news sentiment analysis. Data privacy is of the utmost importance for strong data security in this age of pervasive digital transformation. There is a natural relationship between data privacy and data security, with the former aiming to preserve people’s private information and the latter to ensure that data is accessible, intact, and confidential at all times. Individuals and businesses alike are vulnerable to the devastating effects of data breaches because they jeopardize the confidentiality of important information.

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With Data Privacy Day just around the corner, Permutable AI has compiled a list of the best and worst software firms according to how secure their customers feel their data is. Considerations such as news sentiment, social sentiment, and other relevant metrics are part of the analysis that assesses the companies’ data security posture.

To find company-related news from throughout the world, Permutable AI employs its own tools. This news is culled from 500,000 articles scanned every day from around the world since 2020. It is chosen using its own taxonomy to assess the role of particular corporations in these global concerns.

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Top 10 Software Companies Perceived for Data Security:

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Bottom 10 Software Companies Perceived for Data Security:

Major Findings:

• The public continues to have faith in Microsoft’s dedication to data security, as seen by their strong sentiment and volume-based score, which has allowed them to keep their leadership position despite their most recent hacking event.
• Questions about the public’s unexpected view of NetEase’s data security in light of data breaches, a lack of transparency, and government surveillance have arisen in response to the company’s shockingly low sentiment and volume-based score.
• An exceptionally high sentiment and volume-based score for Tech Mahindra indicates widespread approval of the company’s data security measures, which have been bolstered by audits and an emphasis on the needs of end users.
• The lack of transparency surrounding Palantir Technologies’ products, contracts with the government and military, privacy scandals, and absence of third-party audits all contribute to the company’s poor sentiment score.
• Zoom Video Communications has a bad reputation when it comes to data privacy because of its history of security breaches, ambiguous regulations, data sharing, and concerns about spying, even as its popularity has been pushed by the pandemic.
• There are concerns about Atlassian’s data security policies and the company’s public image, as indicated by its high volume-based score and unfavorable sentiment. The perception of Atlassian’s data privacy is marred by data breaches, ambiguous policies, integrations with third-party apps, restricted data control, and historical issues.