in Identity Management

Identity Theft (or fear thereof) hurts e-commerce

Chris Ceppi blogs about identity theft, quoting from Internet Week:

“Fully 6 percent of U.S. adults surveyed by Financial Insights said they had switched banks to reduce the risk of becoming victims of identity theft. In addition, the Framingham, Mass., research firm found that 18.3 percent of consumers had stopped shopping online for the same reason.”

Whoah. That’s scary. I know from talking to lots of non-IT people that there’s a general fear of shopping online (not directly related to a special type of threat, rather a general perception of insecurity induced by the media), but switching your bank? That’s something people usually don’t do easily – I find it hard to believe that 6 percent number.

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  1. In our lifestyle section we have received several inquiries about identity theft particularly after recent news reports of social security numbers being stolen. When people panic, they do unreasonable things like switching banks. But the good news is that people are more aware now and that will make them careful.

  2. In our lifestyle section we have received several inquiries about identity theft particularly after recent news reports of social security numbers being stolen. When people panic, they do unreasonable things like switching banks. But the good news is that people are more aware now and that will make them careful.

Webmentions

  • DeveloperZen.com April 19, 2005

    Constant Bearing, Decreasing Range [IMG] Doing My Little Part- Weblog of Mark Finnern [IMG] Information Arbitrage [IMG] Software Alphabet Soup [IMG] The Village View [IMG] theotherthomasotter [IMG] Venture Chronicles [IMG] http://www.gadgetguy.de – The GadgetGuy [IMG] Yet Another Software Blog

  • DeveloperZen.com April 19, 2005

    [IMG] Constant Bearing, Decreasing Range [IMG] Doing My Little Part- Weblog of Mark Finnern [IMG] Software Alphabet Soup [IMG] The Village View [IMG] theotherthomasotter [IMG] Venture Chronicles [IMG] http://www.gadgetguy.de – The GadgetGuy [IMG] Yet Another Software Blog

  • DeveloperZen.com April 19, 2005

    [IMG] Constant Bearing, Decreasing Range [IMG] Doing My Little Part- Weblog of Mark Finnern [IMG] Software Alphabet Soup [IMG] The Village View [IMG] theotherthomasotter [IMG] Venture Chronicles [IMG] http://www.gadgetguy.de – The GadgetGuy [IMG] Yet Another Software Blog