Online banking interest in U.S. stalls

Sep 06, 2005

Worries about security have led to an apparent cooling toward Internet banking in the United States. A new survey from Ipsos Group indicated Tuesday that the number of Americans who use online banking hit a plateau during the past 12 months amid concerns about hackers and spam.

The poll surveyed 1,000 American adults about their banking habits during the year ending in August 2005. It determined that while 39 percent of the respondents did some banking business via the Internet, that number was largely unchanged from the previous 12 months after a relatively dramatic initial growth spurt.

Ipsos said high-profile reports of security breaches and identity theft gave pause to many potential users as did concerns that their e-mail addresses and other personal data would be sold to telemarketers.

Copyright 2005 by United Press International

Explore further: Prototype display uses eyeglass prescription to allow for viewing devices without glasses

add to favorites email to friend print save as pdf

Related Stories

Target faces big costs related to security breach

Feb 26, 2014

(AP)—History doesn't always repeat itself. The hit to TJX Cos. was minimal after it disclosed in 2007 a massive data breach of customer information at its T.J. Maxx, Marshalls and HomeGoods stores.

Israeli tunnel hit by cyber attack, experts say (Update)

Oct 27, 2013

When Israel's military chief delivered a high-profile speech this month outlining the greatest threats his country might face in the future, he listed computer sabotage as a top concern, warning a sophisticated ...

Secret to Prism program: Even bigger data seizure

Jun 15, 2013

In the months and early years after the Sept. 11, 2001, terrorist attacks, FBI agents began showing up at Microsoft Corp. more frequently than before, armed with court orders demanding information on customers.

Recommended for you

Scalping can raise ticket prices

1 hour ago

Scalping gets a bad rap. For years, artists and concert promoters have stigmatized ticket resale as a practice that unfairly hurts their own sales and forces fans to pay exorbitant prices for tickets to sold-out concerts. ...

User comments : 0