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ITACS 5211: Introduction to Ethical Hacking

Wade Mackey

U.S. Consumers’ Security Habits Make Them Vulnerable to Fraud

November 7, 2018 by Xinteng Chen 3 Comments

U.S customers have bad habits in digital security. 51 percent admit to reusing passwords/PINs across multiple accounts such as email, computer log in, phone passcode, and bank accounts. 17 percent customers are concerned that they could fall victim to a physical security breach. 27 percent customers do not shred paper or physical documents containing sensitive information before throwing them away. There are additional information that consumers are unsure how to determine if they were victims of fraud and do not understand how to report and remediate fraud and theft. In addition, 72 percent customers believe that they can identify fraudulent emails or calls. Furthermore, consumers store paper documents containing sensitive information in risky ways. around 30 percent customers store the paper documents contain personal information in a box or desk.drawer. Finally, baby boomers have some of the safest information security habits, despite stereotypes suggesting otherwise.

 

https://www.securitymagazine.com/articles/89564-us-consumers-security-habits-make-them-vulnerable-to-fraud

Filed Under: Week 10: Web Application Hacking Tagged With:

Reader Interactions

Comments

  1. Ruby(Qianru) Yang says

    November 7, 2018 at 4:07 pm

    Hi Xinteng, I like findings from the survey:
    -More than one-third of consumers (39 percent) have been a victim of fraud or identity theft.
    -Nearly three in 10 consumers (27 percent) admit that they do not know how to find out if they’ve become a victim of fraud or identity theft.
    -When asked how they found out they were a victim of fraud, 33 percent found out by monitoring their own accounts for suspicious activity, 29 percent were alerted by a business about a security breach of their information and 24 percent discovered it by accident.
    -One in five consumers (20 percent) admit that if they became a victim of fraud, they would not know how to report and eliminate it.

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  2. Yingyan Wang says

    November 7, 2018 at 4:38 pm

    The survey shows results directly for people to understand how those bad habits impact digital security. Human usually be the weakest part in information security because they may have bad habits or weak security awareness, making awareness training important for organizations. People should pay more attention to their behaviors regarding information security and think about what they can do to protect privacy themselves.

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  3. Connor Fairman says

    November 7, 2018 at 6:16 pm

    This really is worth examining. I’m not surprised. There was recently a trend of people logging into a third party website with their facebook account in exchange for a new cryptocurrency. This is known as IntiativeQ. Blindly allowing third party apps/sites to have access to your facebook, which contains tons of data and information about you is extremely dangerous. I have said this before on this class blog, but I really believe that most Americans don’t really worry about their data being hacked. People even seem blase about having their social security number stolen. Maybe Americans are numb at this point because of so many hacks in the news that leak consumer information.

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