Intelligent CIO LATAM Issue 13 - Page 43

FEATURE : NETWORK SECURITY
• Brazilian and Singaporean consumers are most concerned with financial security issues ( 85 % of Brazilian and 79 % of Singaporean respondents cite concerns with credit card fraud ), but a substantial portion across all countries are concerned about credit card fraud , debit card fraud , digital payment fraud , digital wallet fraud and banking fraud .
• On average , German adults lost more due to fraudulent charges than adults in any other country – with an average of 3,520 euros ($ 3,917 in US currency ) lost in the past 12 months due to fraudulent charges . Singapore had the second highest amount of fraudulent charges , with an average of S $ 1,648.52 Singapore dollars ($ 1,217 in US currency ) per adult .
• Japanese respondents are less confident in their bank / credit card company ’ s ability to handle fraud ( only 59 % have confidence in their financial institution ’ s ability to handle fraud prevention ), but a majority across all countries feel confident in their bank / credit card company ’ s ability to handle fraud .
• A majority of adults in all countries are ‘ more likely ’ to purchase a product from a business that has fraud prevention technology in place , led by Brazil ( 91 %) and China ( 90 %). p

A MAJORITY OF ADULTS

IN ALL COUNTRIES ARE ‘ MORE LIKELY ’ TO PURCHASE A PRODUCT FROM A BUSINESS THAT HAS FRAUD PREVENTION TECHNOLOGY IN PLACE ,

LED BY BRAZIL ( 91 %).

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