Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk

10/7/2015
04:00 PM
Connect Directly
Google+
Twitter
RSS
E-Mail
50%
50%

US Consumers More Worried About Cyber Risks Than Their Physical Safety

Cyberthreats among the biggest worries of consumers, new Travelers Consumer Risk Index shows.

It's not the next hurricane, a distracted driver, or food poisoning that Americans are most worried about these days: cyber threats are now only second to financial concerns and risks as the biggest worries to US consumers.

Meanwhile, 1 in 4 US consumers have been a victim of a data breach or cyberattack, according to the third annual Travelers Consumer Risk Index, which gauges perception of risk of Americans in their daily lives. The survey found that privacy/identify theft and cyber risks are just behind financial worries as the biggest concerns today, and ahead of personal and physical safety.

Some 66% of Americans say their financial well-being and security is their top concern, followed by privacy/identity theft (60%), cyber risks (57%), personal safety (51%), extreme weather and national disasters (43%), transportation and travel (42%), and food safety (41%).

Cyber security risk concerns were ranked at number five in last year's index, with 36% of consumers worried most about them. The survey polled more than 1,000 American adults.

Even more interesting is what consumers say they are doing about the cyber risk. Nearly 80% claim they try to create strong and private passwords, while some 76% say they try to minimize the volume of personal data they put online. Still, just 41% change their online banking and financial credentials regularly. Around 70% say they keep their browsers updated, and 63%, their AV and firewall software.

Their biggest cyber-worry: that their bank account gets hacked, with 62% saying so. Some 60% worry about malware infections of  their computing devices and phones; online identity theft (59%); offline ID theft (59%); retailer hacks exposing their personal information (58%); and breaches of their medical records (43%).

Source: Travelers
Source: Travelers

"Cyber-related concerns grew by more than 20 percentage points in the 2015 Travelers Consumer Risk Index, compared with the 2014 survey. Clearly, consumers understand that the cyber risks are a real threat and that they need to take measures to reduce these exposures," says Patrick Gee, senior vice president of auto, property and catastrophe claim at Travelers.

Gee says the new risk index survey shows that cyber threats are becoming a more "conventional" issue for Americans when it comes to risk.  "Many may be feeling more vulnerable to cyber risks as Americans are becoming increasingly reliant on technology in nearly every aspect of their daily lives," he says. 

Age is also a factor with cyberworries, he says. "Americans under the age of 55 are generally more likely to worry a great deal about cyber risks than those over 55," Gee says.

 

Kelly Jackson Higgins is the Executive Editor of Dark Reading. She is an award-winning veteran technology and business journalist with more than two decades of experience in reporting and editing for various publications, including Network Computing, Secure Enterprise ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Data Privacy Protections for the Most Vulnerable -- Children
Dimitri Sirota, Founder & CEO of BigID,  10/17/2019
Sodinokibi Ransomware: Where Attackers' Money Goes
Kelly Sheridan, Staff Editor, Dark Reading,  10/15/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
2019 Online Malware and Threats
2019 Online Malware and Threats
As cyberattacks become more frequent and more sophisticated, enterprise security teams are under unprecedented pressure to respond. Is your organization ready?
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-18202
PUBLISHED: 2019-10-19
Information Disclosure is possible on WAGO Series PFC100 and PFC200 devices before FW12 due to improper access control. A remote attacker can check for the existence of paths and file names via crafted HTTP requests.
CVE-2019-18209
PUBLISHED: 2019-10-19
templates/pad.html in Etherpad-Lite 1.7.5 has XSS when the browser does not encode the path of the URL, as demonstrated by Internet Explorer.
CVE-2019-18198
PUBLISHED: 2019-10-18
In the Linux kernel before 5.3.4, a reference count usage error in the fib6_rule_suppress() function in the fib6 suppression feature of net/ipv6/fib6_rules.c, when handling the FIB_LOOKUP_NOREF flag, can be exploited by a local attacker to corrupt memory, aka CID-ca7a03c41753.
CVE-2019-18197
PUBLISHED: 2019-10-18
In xsltCopyText in transform.c in libxslt 1.1.33, a pointer variable isn't reset under certain circumstances. If the relevant memory area happened to be freed and reused in a certain way, a bounds check could fail and memory outside a buffer could be written to, or uninitialized data could be disclo...
CVE-2019-4409
PUBLISHED: 2019-10-18
HCL Traveler versions 9.x and earlier are susceptible to cross-site scripting attacks. On the Problem Report page of the Traveler servlet pages, there is a field to specify a file attachment to provide additional problem details. An invalid file name returns an error message that includes the entere...