58% Consumers Fear A Cyber Security Threat: Gemalto Study

by January 17, 2017 0 comments

Gemalto, a cyber security solutions provider, today released the findings of its 2016 Data Breaches and Customer Loyalty report, revealing that consumers put responsibility for protecting their personal data firmly at the hands of the organizations holding their data – and not themselves.

According to the 9,000 consumers surveyed in Australia, Benelux, France, Germany, Russia, UAE, Saudi Arabia, India, Japan, United Kingdom, and United States, 70% of the responsibility for protecting and securing customer data from cyber security threat lies with companies and only 30% of the responsibility with themselves. Yet, less than a third (29%) consumers believe companies are taking protection of their personal data very seriously. This comes as consumers are becoming increasingly fearful of their data being stolen, with 58% believing it will happen to them in the future. More than 4.8 billion data records have been exposed since 2013 with identity theft being the leading type of data breach accounting for 64% of all data breaches.

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