Entrust did a similar survey for North America last fall and, taken together with the European poll, they show a heightened concern by consumers over identity theft tied to online activity, Vice President for Technology Chris Voice said. “What’s disturbing is that people are voting with their keyboards,” he said.

EEuropean consumers are being driven away from onlin banking and commerce by fears that their identities will be stolen and their financial resources raided by information highwaymen

Survey results released yesterday by Entrust, a publicly traded digital identity security firm located in Addison, Texas, showed 13 percent of consumers in the United Kingdom and Germany have decreased or stopped online banking activities in the past 12 months because of concerns over identity theft.

The poll of 1,486 European consumers conducted in March also found that 12 percent of the respondents decreased or stopped conducting any form of e-commerce online for the same reason.

more from [url=http://www.ecommercetimes.com/story/KckCIDQ6VuOHL0/European-E-Commerce-Feeling-Pinch-from-ID-Theft.xhtml]ecommerce times[/url]

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Filed under: Security - @ June 30, 2005 2:44 am