44% of Mobile Banking Users Not Concerned about Hacking
Surprisingly, there is a lack of concern about hacking among mobile banking users, according to a new survey from Norton. The study assessed more than 5,000 people from the United States, the United Kingdom, Australia, Canada and Japan, and found that 44% of respondents were not concerned about financial hacks on their smartphones.
10% of survey participants said they had absolutely no concern about a hacker getting into their phones. These respondents felt there was nothing hackers could take from their mobile devices that would be worth the worry. 56% of those surveyed said they were comfortable using mobile apps to manage their finances and banking information, while 44% said they were comfortable using home security apps to monitor their homes.
This lack of concern for mobile banking hacking is a surprising contrast to another survey from Norton in November 2015. This study showed 62% of consumers believed their credit card information was at risk online, and 47% of respondents said they had already been the victim of cybercrime.
Perhaps the most critical statistic in last year’s study was that almost 90% of respondents said they would be “devastated” if their financial information was compromised. This concern does not appear to be as prevalent among mobile banking users.
This entry was posted in Credit Card News and tagged credit card security , online security , data breaches , identity theft , mobile banking , hack attacks , mobile security , smartphone security , Norton , financial hacks , smartphone hacks
The information contained within this article was accurate as of March 7, 2016. For up-to-date
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