Categorized | Editorial

Are You Prone to Sharing too Much Info?

Posted on 28 February 2013 by admin

The recent survey shows people between the ages of 18 and 34 are sharing more and more personal information through the mobile phones. These young people are texting sensitive information like credit and debit card numbers.

The poll by Visa Canada found that 45 per cent of this age group is also sharing their payment card info via email, they loaned they cards and gave away their PINs.

These individuals are also inclined to spend more time online sharing activities, including keeping an open profile on a social network site and posting to it daily, publicly sharing photos and posting their employment history. Of course some of it could be to attract new employment opportunities or to find life mates, however putting oneself in the harm’s way is not the right way to do it.

The poll also indicated that only 32 per cent of 35 plus age group individuals reported taking risks with their payment card information. This group also reported less sharing of personal information online.

The survey also found that 43 per cent who had engaged in behaviour such as sharing payment card information or loaning their card had experienced some kind of fraud.

The survey also found that 56 per cent of respondents said they were more concerned now about identity theft than they were five years ago. While 50 per cent of respondents said they were more concerned about payment card fraud today compared to five years ago.

The survey found that less than half — 41 per cent — reported checking their payment card statements more than once a month.

The Canadian Bankers Association says credit card fraud was $436.6 million in 2011, its most recent statistic, up about 19 per cent from 2010.

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