Payment card fraud is the prime concern for
consumers in UK, ahead of concerns over physical security – such as
terrorism – says IT services firm Unisys’ security index.
The bi-annual report claims bank security
concerns “soared” in the last year with 92% of respondents claiming
they are worried about bank fraud and 91% concerned with ID
theft.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
This is compared to 63% of respondents that
voiced their anxiety over physical security – notably terrorism –
at the London 2012 Olympics.
Citing figures from fraud prevention service
CIFAS, the study notes that 102,500 cases of bank card fraud were
identified in 2010, with many more cases not being reported.
Neil Fisher, vice president of global security
services with Unisys, said these are “alarming findings”.
“Knee-jerk approaches to managing security
clearly aren’t working, as the index rate in the UK reflects,” said
Fisher.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“Until government and industry come together
to address these vulnerabilities in a more collaborative and
integrated fashion, the public’s confidence will continue to
suffer.”
The Unisys security index is a bi-annual
global study that aims to provide insight into the attitudes of
consumers on a wide range of security related issues. This latest
study surveyed 953 people in the UK.
