Following more data breaches, consumers learning to pay attention

US consumers are learning to be more proactive in making sure they follow credit card activity, and their personal credit scores, following data breaches.

Published Fri, Apr 24 2015 9:35 AM CDT   |   Updated Tue, Nov 3 2020 12:08 PM CST

Continued cyberattacks against US residents rack up an impressive number of victims, with twice as many Americans reporting a breach following year-over-year statistics analysis. Unfortunately, one in five consumers say they suffered a credit score hit due to identity theft - and financial experts recommend shoppers request a credit report to check on any problems.

Following more data breaches, consumers learning to pay attention | TweakTown.com

However, eight in 10 Americans note they have become more proactive in protecting their own personal information, as more than half of surveyed consumers aren't entirely sure if companies can keep personal data safe.

"The increase in data breaches affecting personal information has given consumers significant cause to be cautious about their activities, both online and off," said Ernie Almonte, chairman for the American Institute of CPA's National CPA Financial Literacy Commission, in a statement published by MoneyWatch.

"Data breaches have the potential to seriously affect consumer finances and wreak havoc on their credit scores."

NEWS SOURCES:cbsnews.com, fireeye.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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