RSA Security Online Consumer Study Results

RSA Security has announced the results of a consumer study that concludes that consumers are increasingly reluctant to conduct personal business online due to security concerns.

The study also asked for opinions relating to traditional user ID/password security schemes, with more than half of all respondents (53 percent) believing that these do not provide enough protection for online information. According to the survey, poor management of PINs and passwords for access to online services, desktop computer systems, ATMs and other electronic accounts is a major vulnerability. More than two in three respondents (65 percent) use fewer than five passwords for all electronic information access, and 15 percent use a single password for everything.