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Kiwis more afraid of credit card fraud than war

Kiwis more afraid of credit card fraud than war

Terrorism, war and epidemics all take a backseat to identity theft and credit card fraud, according to Unisys’ latest survey.

The Unisys security index for New Zealand is conducted by Consumer Link and details how New Zealanders feel about security issues.

Graham Alston partner, global financial services at Unisys, says internet security ranked relatively low on the security index at 103 of 300.

“The internet is a little different, and I think the low ranking might be because people have total control of the internet. In essence, those who are not worried about internet banking, for example, might not be worried solely because they do not participate in it.”

Unisys performed the same survey in Australia, with an added question to people living in Sydney. The survey showed that 98 percent of people in Sydney would relinquish personal information if it would be beneficial to security.

Alston says some of the fears about security seem to be unfounded.

“For example, 52 percent of an estimated 1.6 million New Zealanders aged 18 and above are very or extremely worried about credit card fraud. In reality, this type of fraud is very low. Reality and perception, it seems, do not mix.”

Another key finding of the study was that an estimated 1.4 million New Zealanders aged 18 and above are very or extremely concerned about unauthorized access to or misuse of personal information.

In this Benchmark September quarter survey, the security index is as follows.

National security – 107

Financial security – 127

Internet Security – 103

Personal Security – 120

This means the September quarter index is a 114 of 300, indicating a reasonable level of comfort towards security. The Australian index for the same period is 126.

Have you got news? Send stories, tip-offs or photos to jan_birkeland@fairfaxbm.co.nz or call 09 375 6045.


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