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Thales Survey reveals 88% would stop using digital payments if breachedLAS VEGAS, Oct. 19, 2016 /PRNewswire/ -- Thales, a leader in critical information systems, cybersecurity and data protection, today announced in conjunction with Wakefield the results of its survey about Americans' use of digital payment methods, as well as the perceived safety of those transactions. According to the survey, 88% of respondents reported they would discontinue using digital payments if they personally fell victim to cybercriminal activities as a result of a data breach. Respondents said that they would discontinue use of digital payments if:
Click to Tweet: 60% use digital payments – 88% would stop if #DataBreach bit.ly/2dWADfZ pic.twitter.com/N4wIfiVcul In the past few years, digital payments have become faster, easier and more convenient for consumers, leading to an increased adoption of these services. The survey revealed that over half (60%) of respondents currently use a method of digital payment, with baby boomers (50%) lagging behind millennials (74%). The most popular digital payment method was PayPal, currently leveraged by 51% of survey respondents. The next most popular forms of digital payment are as follows:
Lastly, 40% of Americans do not feel safe using digital payments while traveling. "It's easy to see why mobile payments continue to grow in popularity – they are fast and convenient," said Jose Diaz, director of payment straegy at Thales e-Security. "But results of the survey showed that people have strong doubts about their safety, especially while traveling. The mobile payments industry needs to take note that their future success is based on trust. And that trust can easily fail if they do not provide the strong protection of their infrastructure, transactions and data that customers expect." Please visit: www.thales-esecurity.com and find us on Twitter @ThaleseSecurity. Source/Methodology About Thales e-Security Thales e-Security + Vormetric have combined to form the leading global data protection and digital trust management company. Together, we enable companies to compete confidently and quickly by securing data at-rest, in-motion, and in-use to effectively deliver secure and compliant solutions with the highest levels of management, speed and trust across physical, virtual and cloud environments. By deploying our leading solutions and services, targeted attacks are thwarted, and sensitive data risk exposure is reduced with the least business disruption and at the lowest life cycle cost. Thales e-Security and Vormetric are part of Thales Group. www.thales-esecurity.com About Thales Positioned as a value-added systems integrator, equipment supplier and service provider, Thales is one of Europe's leading players in the security market. The Group's security teams work with government agencies, local authorities and enterprise customers to develop and deploy integrated, resilient solutions to protect citizens, sensitive data and critical infrastructure. Thales offers world-class cryptographic capabilities and is a global leader in cybersecurity solutions for defence, government, critical infrastructure providers, telecom companies, industry and the financial services sector. With a value proposition addressing the entire data security chain, Thales offers a comprehensive range of services and solutions ranging from security consulting, data protection, digital trust management and design, development, integration, certification and security maintenance of cybersecured systems, to cyberthreat management, intrusion detection and security supervision through cybersecurity Operation Centres in France, the United Kingdom, The Netherlands and soon in Hong Kong. Logo - http://photos.prnewswire.com/prnh/20150929/271846LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/thales-survey-reveals-88-would-stop-using-digital-payments-if-breached-300347285.html SOURCE Thales |