45% of consumers would switch banks for better identity theft protection
45% of consumers worldwide are willing to switch to financial institutions that offer more security protection, according to survey by Unisys Corporation. 66% of people worldwide worry about the fraudulent use of their bank and credit card accounts. USA leads in ID fraud instances (17% of US consumers cite they have been victims) followed by the UK (11%), Brazil (9%), Mexico (8%), France (8%), Australia (7%), Germany (3%) and Hong Kong (1%). More Latin Americans (78% in Mexico and 70% in Brazil) worry “a lot” about the fraudulent use of their bank accounts or credit cards, compared to 23% of those in the United States. More people in Germany (17%) worry “a lot” than do those in France or the United Kingdom (both 9%).