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Keep Bank Customers Online – Counter ID Theft Fears

A new survey shows the first evidence that fears of identity theft are starting to cut into online usage statistics. The Pew Internet & American Life Project reports that over 50 million adult Americans now do their banking online. Despite increasing market demand, the perception of risk is perceived as a threat to ongoing penetration of online services. Banks that fail to address customers’ online security concerns will continue to lose ground to those institutions that make it a priority to those that address these concerns. The Canadian banking market leads the world in online banking penetration, according to comScore Media Metrix Canada report.”]

Source: https://www.bankinfosecurity.com/keep-bank-customers-online-counter-id-theft-fears-a-132

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