07/10/2015

MasterCard Survey Examines Attitudes Toward Data Security and Payment Technologies

A majority of Americans (77 percent) are anxious about their financial information and Social Security numbers being stolen or compromised, according to a newly released MasterCard survey. The survey also found that while Americans are eager to take an active role in protecting their financial information, few may recognize the everyday habits that could be putting them at high risk.

The survey also examined consumer attitudes toward technology and found that consumers are ready to embrace new ways to pay. With the U.S. liability shift less than three months away, Americans want to feel empowered with new payment options. In fact, a majority of consumers (69 percent) say they use chip cards or plan to use them soon. Additionally, more than half of Americans (56 percent) say they use mobile digital payments via an app or website or plan to try them soon. Read the MasterCard Survey Press Release.

Community banks work hard to ensure their customers’ account data is both safe and secure. ICBA has resources and tips available for banks to share with their customers to help them protect their financial information. View ICBA’s Online Security Breach Toolkit.