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80 Percent of U.S. Consumers Concerned They Will Experience Online CrimeNorton by Symantec (News - Alert) (NASDAQ:SYMC), today released its findings from the Norton Cybersecurity Insights Report, which sheds light on the truths of online crime and the personal effect it has on consumers. The report found that globally 62 percent of consumers believe it's more likely their credit card information will be stolen online compared to only 38 percent who think it's more likely they will lose credit card information from their wallets. Additionally, 47 percent reported they have been affected by cybercrime. In the U.S.:
"Consumer confidence was rocked in 2014 by an unprecedented number of mega breaches that exposed the identities of millions of people who were simply making routine purchases from well-known retailers," said Fran Rosch, executive vice president, Norton by Symantec. "Our findings demonstrate the headlines rattled people's trust in mobile and online activity, but the threat of cybercrime hasn't led to widespread adoption of simple protection measures people should take to safeguard their devices and information online." Who tops the list of those most aware of online security practices in the U.S.? Baby Boomers - a group often considered less tech-savvy - report more secure online habits than Millennials. While Millennials, born in the digital era, often throw caution to the wind with 36 percent admitting to sharing passwords and other risky online behavior. Consumers Frustrated With Cybercrime
Overconfident, But Underprepared Despite concern and awareness of cybercrime, consumers are overconfident in their online security behaviors. When asked to grade their security practices, they consistently award themselves a solid "A." But in reality, most are not passing the most basic requirement of online security: password use. In the U.S.:
To learn more about the real impact of cybercrime and how consumers can protect their digital information, go here for more information. About the Norton Cybersecurity Insights Report The Norton Cybersecurity Insights Report is an online survey of 17,125 device users ages 18+ across 17 countries, commissioned by Norton by Symantec and produced by research firm Edelman (News - Alert) Berland. The margin of error for the total sample is +/-0.75%. The U.S. sample reflects input from 1,008 U.S. device users ages 18+. The margin of error is +/- 3.09% for the total U.S. sample. Data was collected Aug. 25-Sept. 18, 2015 by Edelman Berland. About Symantec Symantec Corporation (NASDAQ:SYMC) is the global leader in cybersecurity. Operating one of the world's largest cyber intelligence networks, we see more threats, and protect more customers from the next generation of attacks. We help companies, governments and individuals secure their most important data wherever it lives.
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