TELECOM Digest OnLine - Sorted: ID Theft Fears Hurt Online Shopping

ID Theft Fears Hurt Online Shopping

Lisa Minter (
Wed, 15 Jun 2005 22:43:29 -0500

Nearly half of U.S. voters say they don't shop online because they
fear identity thieves may capture their bank-account information,
according to a survey released on Wednesday by a technology-industry
trade group.

Amid a rash of corporate foul-ups that have exposed consumers to
identity theft, the Cyber Security Industry Alliance found that 71
percent of voters it surveyed believe that new laws are needed to
protect consumer privacy online.

Some 64 percent said they wanted the government to do more to protect
computer security.

Congress is considering several measures designed to increase
corporate data security. Most would require companies to tell
customers when a security breach has placed them at risk of identity
theft. Some would require companies to take more concrete steps, such
as encrypting customer information.

The survey of 1,003 likely voters had a margin of error of 3 percent.

Members of the Cyber Security Industry Alliance include Juniper Networks.

Copyright 2005 Reuters Limited.

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