New Delhi, January 12, 2010 – A survey* of more than 5,000 active Internet users across 10 cities in India suggests that users are becoming increasingly concerned about online security. Ninety one percent of the respondent Internet users have experienced some case of cyber fraud, such as phishing, key logging, identity theft and account takeover. Despite the exposure to cyber fraud, a majority of respondents were unaware of ways to combat it.
The survey, commissioned by VeriSign and conducted by IMRB highlighted that 60% of respondents access the Internet frequently – at least four to six times a week—and 44% shop online with 53% engaging with user generated content (e.g., social networks and blogs). Despite the Internet-savvy of the respondents, the survey further revealed:
Additionally, an overwhelming 84% would like to use two factor authentication (2FA) to secure their online transactions. 2FA is a verification process in which an additional dynamic password is generated at the log in stage by a device such as a credit-card form factor, token or mobile phone in addition to the user name and password.
"As we move more of our lives online, fraud threats follow closely behind,” said Dr. Shekhar Kirani, Country Manager, VeriSign India. “This study clearly indicates that while users may be unaware of how to protect themselves online, their desire to be safe is high. The key is to keep one step ahead by knowing how to protect ourselves online, embracing best practices and using the latest technologies.”
Awareness and knowledge are the keys to combating cyber fraud. To this end, VeriSign has compiled five tips to follow for a safer online experience.
For a safer online experience and for more tips and tricks to combat cyber threat, please visit www.trustthecheck.com - a Web site devoted to helping consumers keep safe as they surf the Web. Created by VeriSign, TrustTheCheck.com presents the tips and techniques consumers need to safely shop, bank, trade stocks and book travel online.
*The survey, commissioned by VeriSign and conducted by IMRB from June 16, 2009 to September 4, 2009, studied a respondent-base of over 5000 individuals across 10 cities in India. These included Delhi, Mumbai, Chennai, Bangalore, Hyderabad, Pune, Ahmedabad, Lucknow, Ludhiana and Indore.
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com/in/