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Businesses to blame

Less than one third (29%) of consumers believe that businesses are doing enough to protect their data and more than half (58%) expect their personal details to be stolen at some point in the future, reveals the 2016 Data Breaches and Customer Loyalty report from Gemalto.

Two thirds of the 9,000 consumers surveyed say it’s unlikely they would do business with an organisation responsible for exposing financial or sensitive data.

Consumers believe 70% of the responsibility for protecting and securing customer data lies with the company that holds it and just 30% with the individual.

Gemalto claims that more than 4.8 billion data records have been exposed since 2013, with identity theft accounting for 64% of all data breaches.

www.gemalto.com

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2018