Most would stop using digital payments if breached


88% of respondents to a survey conducted by Wakefield Research would stop using digital payments if they personally fell victim to cybercriminal activities as a result of a data breach.

Respondents said that they would discontinue use of digital payments if:

  • Money was stolen from a linked bank account – 70%
  • Unauthorized charges appeared on a linked credit card account – 68%
  • A username and password was stolen – 59%
  • They experienced increased spam emails – 30%