Security Failures Threaten Online Shopping

Over a million UK consumers have been victims of security breaches whilst shopping online, which is prompting them to turn their backs on large online brands. New research by LogicaCMG revealed that more than one in 20 consumers have experienced an attempted or actual theft of financial or personal details whilst carrying out online transactions such as banking and shopping. As well as the risk to their finances, this also has an emotional impact, with four in ten (43 %) respondents comparing their experience to being robbed, and three in ten (31 %) reporting mistrust in the website or company.

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