{"id":23574,"date":"2011-10-13T23:14:06","date_gmt":"2011-10-13T15:14:06","guid":{"rendered":"http:\/\/techielobang.com\/blog\/?p=23574"},"modified":"2012-01-09T12:59:37","modified_gmt":"2012-01-09T04:59:37","slug":"survey-shows-singaporeans-aware-but-continue-to-share","status":"publish","type":"post","link":"https:\/\/techielobang.com\/blog\/2011\/10\/13\/survey-shows-singaporeans-aware-but-continue-to-share\/","title":{"rendered":"Survey Shows Singaporeans Aware But Continue to Share"},"content":{"rendered":"

PayPal in Singapore and the National Crime Prevention Council are joining forces to educate Singaporeans to be more savvy on the Internet world. This survey by Nielsen Company shows some interesting information about our behavior on the Internet.<\/p>\n

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Online and Mobile Safety: Singaporeans aware but continue to share<\/h2>\n

SINGAPORE, 7 October, 2011 <\/strong>\u2013 <\/strong>In view of the numerous cyber-attacks worldwide this year, PayPal in Singapore and the National Crime Prevention Council are joining forces and calling Singaporeans to be smarter about sharing their personal information online. The first \u2018PayPal Online and Mobile Safety Insights\u2019 study in Singapore revealed that 91 per cent of Singaporeans were concerned about the amount of personal and financial information they share online, yet, almost half of them admitted to not knowing how many websites hold their personal details. Besides measuring digital identity risks and online transaction behaviour, the study highlighted interesting trends in mobile payments, and how security and convenience play an even more important role for Singaporeans when using their mobile phones for transactions.<\/p>\n

Digital identity concerns and risky behaviour<\/strong><\/p>\n

<\/strong>As Singaporeans continue to embrace online shopping, internet banking, social networking, and other online services, there is a growing requirement to log on to many different systems and platforms. Alarmingly, the research found that 1 in 2 Singaporeans were using the same password across multiple accounts. This suggests that many internet users here underestimate the threat from cyber criminals who abuse this habit: stealing passwords from one site and attempting to replicate them across others to potentially steal a person\u2019s entire digital identity.<\/p>\n

Mr Lum Hon Fye, Chairman of Infocomm Technology Committee, National Crime Prevention Council said: “Cybercrimes will become more prevalent if the public does not stay vigilant while communicating or transacting in the cyber world. Education and knowledge is the key to Singaporeans remaining alert and staying one step ahead of cyber criminals. Assessing with whom and where they are sharing their personal information is an important first step.\u201d<\/p>\n

“In line with the Singapore government\u2019s recent efforts to raise awareness of cyber security, PayPal aims to work with local community partners like the National Crime Prevention Council to educate Singaporeans on how to stay safe online,\u201d said Elias Ghanem, Managing Director, PayPal Southeast Asia and India. \u201cUsing the same password at multiple sites is like using the same key for your house, your car, and your office. We\u2019re highlighting this risky behaviour to all Singaporeans and encouraging them to take personal responsibility for their first line of defence through a stronger password system.\u201d<\/p>\n

Security and convenience are top of mind for online and mobile transactions <\/strong><\/p>\n

With the growing popularity of digital lifestyles and the increasing potential for online identify theft and fraud worldwide, the majority of Singaporeans (88%) said they want a more secure way to transact online. The study also revealed that Singapore online shoppers are concerned about sharing financial information as more than half the respondents (55%) are not comfortable sharing their credit card, debit card or bank account details online.<\/p>\n

The survey also highlighted the value of security for Singaporeans when they shop online. Nearly 8 out of 10 respondents said they would only spend between S$1 and S$100 on an unfamiliar website, whereas, more than 5 out of 10 respondents said they would spend greater than S$500 on a familiar website.<\/p>\n

With high smartphone adoption rates in Singapore, nearly 7 out of 10 respondents said using their mobile device would be faster and more convenient because they can make a transaction \u201canytime, anywhere\u201d. However, nearly two thirds of mobile shoppers had previously stopped a mobile transaction in the past because of the hassle of entering financial details on a small screen.<\/p>\n

Other top concerns for respondents transacting via their mobile devices include:<\/p>\n