News

Security concerns prevent people from making more online payments

Monday 30 May 2016 00:07 CET | News

Security and privacy concerns drive people away from making online payments, a new report reveals.

26% of all households have avoided buying goods or services due to privacy concerns, while 35% of households who have reported a security breach avoided such activities, according to a report issued by US Department of Commerces National Telecommunications and Information Administration (NTIA), ecommercebytes.com reports.

19% of internet-using households (19 million households) were affected by an online security breach, identity theft, or similar malicious activity during the 12 months prior to the July 2015 survey.

While 9% of online households that used just one type of computing device (either a desktop, laptop, tablet, internet-connected mobile phone, wearable device, or TV-connected device) reported security breaches, 31% of those using at least five different types of devices suffered this experience.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: security, fraud, US, online payments, internet, households, malicious activity
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events