Better Safe Than Sorry When It Comes To Cyber Crime - Legal News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Legal » Better Safe Than Sorry When It Comes To Cyber Crime

Better Safe Than Sorry When It Comes To Cyber Crime

Better Safe Than Sorry When It Comes To Cyber Crime
November
2
The content is accurate at the time of publication and is subject to change.

Americans are battening down the hatches when it comes to cybercrime with breaches up 23% last year, according to a new study. Many respondents said that they have changed their online behavior to stave off hackers.

The study, released by the University of Phoenix’s College of Information Systems and Technology, found that Americans have made big changes in their online lives. In the study almost half (43%) indicated that they have stopped making online transactions via shared computers. But that’s not all. Just over a third (35%) said that they change their password more now than before, have stopped using public Wi-Fi, and aren’t giving out their personal information while surfing the web.

Confidence is down

With the increased cybercrimes, consumers feel less secure, with 42% indicating that they felt safer five years ago, while close to half (44%) admit that they’ve had their personal data stolen by hackers.

Peoples trust waxes and wanes when it comes to certain sectors, and so do their expectations. Even with healthcare breaches in the news, and 37% of data breaches being from that sector, 68% of people still trust healthcare providers to keep their data safe. And when it comes to education and financial sectors, seven out of 10 people have a lot of trust here too.

But as you may have guessed the retail industry took a hit in this area with only 50% believing retailers can keep their data safe, and the government didn’t do well either, with just 41% of people feeling like they can count on government agencies to protect their data.

Someone please fight cyber crime

“Do something” was the mandate 93% of respondents delivered to both the private and public sector when asked who should combat cybercrime, with 72% suggesting that they should invest in additional cyber security tech, while 43% pointed to bringing more people on board to stop threats.

The cyber security survey was conducted from September 2 to 4 by the Harris Poll. They conducted the research online, and spoke with 2,028 adults, who were 18 or older.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Millions of People Now Have Free Access to Credit Scores
Millions of People Now Have Free Access to Credit Scores

Posted: October 29, 2015

It used to be that people could only get one free copy of their credit report each year, and they still had to pay to find out their actual credit score. But over the last two years, since FICO launched their Open Access program, it’s... Continue reading
Discover and Diners Club Acceptance on the Upswing
Discover and Diners Club Acceptance on the Upswing

Posted: May 23, 2016

When ordering online have you ever wished you could use your Discover or Diners Club card more often? Well if you have, then times are a changing because Discover has inked a deal with Computop to expand their International E-Commerce... Continue reading
Ethoca and FICO Fighting CNP Fraud
Ethoca and FICO Fighting CNP Fraud

Posted: January 27, 2017

FICO and Ethoca, a technology company, are partnering up on a project providing card issuers and online merchants with a way to not only boost card acceptance, but to thwart ecommerce fraud and disputes. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!