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News - 23 October 2008
UK online shoppers suffer most from ID theft
Online customers in the UK are roughly three times more likely to be hit by identity theft than in other European countries, according to a report by PayPal.
Research by PayPal has found that 14 per cent of British internet shoppers have suffered identity theft, compared with three, five and six per cent for Germany, Spain and France respectively.
Nearly half (49 per cent) of Brits describe themselves as 'very concerned' about identity theft, yet more than half (53 per cent) of all respondents use important names or dates for passwords, despite warnings.
'This survey shows that while concerns about ID theft form a universal language, more identity theft tends to occur in countries where a higher percentage of ecommerce is concentrated,' said PayPal's chief information security officer Michael Barrett.
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