Privacy and security still major concerns for consumers

Although 59 percent of consumers have accessed more online services than usual this year, they still have worries about the security and privacy of their data. A new report from identity verification and authentication provider Onfido shows the top concerns are that data will be passed on to third parties (53 percent), the security of the information (50 percent), and asking for too much information (37 percent). "We are not surprised that COVID lockdowns would increase the use of online accounts, but the rate of abandonment during account sign up due to security and privacy concerns was surprising to us,"… [Continue Reading]