Victims Blame Companies, Not Themselves for Hacks
Posted by: Timothy Weaver on 11/16/2016 07:37 AM
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TeleSign’s Consumer Account Security Report 2016 states the 51% of consumers have suffered a breach of their personal information. That includes having an account hacked, password stolen or their personal information compromised.
What is happening is that most of those victims blame the company. It further reports that one in three of those victims stop doing business with the company hacked.
However, the true onus is on the victim due to reuse of passwords. The report shows that, on average, consumers use the same password for seven online accounts. It also states that 46% of those are using a password that is five years old.
Millennials are the most vulnerable. Those aged 18 to 35 have the poorest security habits. The survey revealed that 64% of millennials had an account compromised, hacked, or their password stolen. That compares to 44% of all other generations combined.
Aled Miles said: “With all the dangers we face today in our online lives, it’s encouraging to see that consumers are becoming increasingly aware of how to protect themselves beyond the password alone. 73% are urging companies to provide additional security such as 2FA. Turning it on is a step everyone can take today towards keeping their accounts secured and their online lives safe and private.”
Source: Info Security
What is happening is that most of those victims blame the company. It further reports that one in three of those victims stop doing business with the company hacked.
However, the true onus is on the victim due to reuse of passwords. The report shows that, on average, consumers use the same password for seven online accounts. It also states that 46% of those are using a password that is five years old.
Millennials are the most vulnerable. Those aged 18 to 35 have the poorest security habits. The survey revealed that 64% of millennials had an account compromised, hacked, or their password stolen. That compares to 44% of all other generations combined.
Aled Miles said: “With all the dangers we face today in our online lives, it’s encouraging to see that consumers are becoming increasingly aware of how to protect themselves beyond the password alone. 73% are urging companies to provide additional security such as 2FA. Turning it on is a step everyone can take today towards keeping their accounts secured and their online lives safe and private.”
Source: Info Security
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