Another day, another data breach. Recent news about cybercriminals obtaining more than 5 million credit card numbers from high-end U.S. retailers joined a series of major hacks and online data breaches. Unfortunately, the frequency of attacks on Americans’ personal information has fostered a feeling of inevitability. In fact, according to results released today from a telephone survey conducted by The Harris Poll for the American Institute of CPAs (AICPA) of 1,006 Americans adults in the fall of 2017, nearly half of U.S. adults (48 percent) think it is at least somewhat likely identity theft will cause them financial loss in the next year.
The frequency and scope of cyber-attacks has many Americans questioning the effectiveness of cybersecurity practices businesses currently have in place. In fact, eight in ten Americans (81 percent) said they are at least somewhat concerned about the ability of businesses to safeguard their financial and personal information, with two in five (40 percent) reporting that they are extremely or very concerned.
Read more about the findings of the new Harris Poll for the AICPA on Help Net Security.