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Consumers waking up to security issues

by on13 February 2018


Rank security over convenience for the first time

A new study by IBM Security found that consumers are now ranking security over convenience for the first time.

The study found that more than  74 percent of respondents said that they would use extra security when it comes to those accounts.

Based on findings in the report, people are aware of the data breaches that are happening to companies and consumers —with the US leading those who are aware of data breaches.

IBM said that users were starting to realise that there was something do to prevent it, and they need to secure their accounts,.

The study showed that biometrics were becoming mainstream. Sixty-seven percent of respondents are comfortable using the technology, while 87 percent say they’ll be satisfied with these technologies soon.

Millennials are moving beyond passwords. While 75 percent of millennials (respondents between the ages of 20 and 36) are comfortable using biometrics today, less than half are using complex passwords and 41 percent reuse passwords to access numerous accounts.

Older generations showed more care with password creation but were less inclined to adopt biometrics and multi-factor authentication.

 

Last modified on 13 February 2018
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