The past year has seen a drastic increase in credit and debit card breaches, which is why fraud is the top security concern Americans face, according to the 2014 Unisys Security Index. The survey found that 59 percent of Americans are "extremely or very concerned" about people obtaining and using credit or debit card details from cybercriminals.
"In today's hyper-connected world, people are wary of losing their financial and personal data to cybercrime, and it is crucial that businesses review and enhance their security measures on a continuous basis," said Dave Frymier, Unisys CIO, in a press statement. "Organizations that ignore the risk of data breaches do so at their peril, as brand reputation and customer loyalty often depend on a company's ability to protect personal information."
Consumers are becoming increasingly angry as retailers are doing a fairly poor job trying to keep data secure from potential cybercriminals.
Behind the fear of obtaining and using credit or debit card details, 57 percent of those surveyed believe "unauthorized access to or misuse of your personal information" is ranked No. 2.
Last updated: Apr 7, 2020 at 11:45 am CDT
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