Norton by Symantec released its India findings from the Norton Cybersecurity Insights Report, which sheds light on the truths of online crime and the personal effect it has on consumers.
The report found that 60 percent of people worry about experiencing cybercrime. Interestingly, 54 percent of Indians believe it’s more likely their credit card information will be stolen online than from their wallet and one in two (52 percent) Indians have either personally experienced credit card fraud or know someone who has. Further:
- Two in three Indian (66 percent) consumers believe using public Wi-Fi is riskier than using a public restroom.
- Eight in 10 (80 percent) say that it is riskier to share their email password with a friend than their car for a day.
- Close to two in three (64 percent) think storing their credit card and banking information in the cloud is riskier than not wearing a seatbelt.
“Our findings reveal that consumer reservations are indeed grounded in reality. In the past year, 48 percent of India’s online population or approximately 113 million Indians were affected by online crime,” said Ritesh Chopra, Country Manager, India, Norton by Symantec.
“Despite the threat of cybercrime in India, it hasn’t led to widespread adoption of simple protection measures to safeguard information online, with almost one in four Indians sharing passwords as a common practice,” he said.
Who tops the list of those most aware of online security practices in India? Baby Boomers a group often considered less tech savvy – report more secure online habits than Millennials. While Millennials, born in the digital era, often throw caution to the wind with 31 percent admitting to sharing passwords and other risky online behavior. “Even though Millennials have been immersed in online technology most of their lives, they are more reckless in many ways with only one in four believing they have most responsibility when an online crime occurs,” Chopra added.
