More Are Worried About Theft of Credit Card Info

More Are Worried About Theft of Credit Card Info Photo (cc) by mueritz

This post comes from Bill Hardekopf at partner site LowCards.com.

According to the Unisys Security Index Report, an increasing number of Americans are “very” concerned about the security of their financial information.

Only 28 percent of Americans said they were “very” concerned in 2013, but 35 percent reported the same level of worry in 2014. Altogether, more than half (58 percent) of the people surveyed in March 2014 said they were very or extremely concerned about other people obtaining their credit or debit card details.

Only 17 percent in 2014 said they were not concerned at all, down from 18 percent in 2013 and 19 percent in 2012. It seems that recent credit card breaches at Target, Michaels, Neiman Marcus and Sally Beauty have caused some Americans to question the safety of their financial information.

Nearly 4 out of 10 people express heavy concern for online shopping and online banking. Only 34 percent of people were not concerned at all.

Many people expressed concerns about computer security. Thirty-six percent said they were worried about their computers in reference to spam emails and viruses.

A significant finding is the fact that 59 percent of those surveyed said they would be less likely to do business with a company after a security data breach. If stores continue to suffer data breaches like they have been over the last few months, this could be quite a blow to the retail community.

More on LowCards.com:

Popular Articles

15 Smart Ways to Organize Every Room of Your Home
15 Smart Ways to Organize Every Room of Your Home

Are you sick of clutter and digging around to find things? Get your household organized with these brilliant and inexpensive tricks.

These 6 Lifestyle Changes Might Help Prevent Dementia
These 6 Lifestyle Changes Might Help Prevent Dementia

Science says these practices can lower the risk of cognitive decline as we age.

10 Food Staples That Are Easy and Cheap to Make Yourself
10 Food Staples That Are Easy and Cheap to Make Yourself

Making any of these key foods yourself will improve your meals and your budget — not to mention your health, in some cases.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments