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Partner News |
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[ In a world of risk, know who to trust ] |
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Stats and Trends: Quantifying the Impact of Phishing on E-commerce Sales
According to , Inc’s Survey of 5,000 Online Adults, August 2006, the impact of phishing on consumer confidence has had a significant impact on e-commerce:
• 41.2% of online adults in the U.S definitely received Phishing emails
• 46% changed their purchasing and online behavior as a direct result of security concerns
• 10% reduced their online spending by at least 50%.
As a result, nearly $2 Billion in e-commerce sales were lost due to user concern over security.
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