Retailers with a poor handle on security is that they’re likely to lose 64% of potential customers.

Phil Muncaster

Almost two-thirds of global consumers won’t shop with a brand that has suffered a data breach, with over half believing their personal details have a higher chance of being stolen during the Christmas shopping season, according to Gemalto.
The digital security firm polled over 5,700 consumers in the UK, US, France, Australia, Japan, Brazil and Germany to better understand their attitudes towards data security.
The bad news for retailers with a poor handle on security is that they’re likely to lose 64% of potential customers if they suffer a data breach where financial information is stolen.
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Source: http://www.infosecurity-magazine.com/