In the UK, 49% of people do not know who to report to if they were a victim of bank fraud. However, only 53% of Brits are concerned about it.
This is according to the 2019 Unisys Security Index which surveyed more than 13,000 consumers in 13 countries. Over 1,000 of respondents were based in the UK.
Despite not knowing what to do when becoming a victim of bank fraud, 73% of the UK trust their institution to alert them. One of the biggest concerns is online security. Three in five Brits (60%) are concerned about the security risks posed by online shopping.
“The 2019 Unisys Security Index shows a typical British resolve that, while security concerns remain high across the globe, UK citizens are registering lower levels of concern relating to security than many,” said Salvatore Sinno, global chief security architect, Unisys. “Political upheaval, the value of the pound and growing international tensions are front and centre in the news, yet the overall Unisys Security Index score has decreased in the UK. Britons really are ‘keeping calm and carrying on’ as the old slogan suggests.”
On a scale of zero to 300, with 300 representing the highest level of concern, the UK index is at 147 – down from 149 in 2018. This is also one of the lowest of the countries surveyed.
The global average stands at 175, with The Philippines scoring highest with an index score of 234. In addition, the Netherlands registering the lowest concern ratings with a score of just 115.
“While national security concerns have dropped and our overall index score has decreased in the UK, there is one area where concerns are increasing – internet security,” added Sinno.
“The public awareness of risks to privacy is growing. This year, more than half of U.K. citizens expressed concerns about the misuse of their personal information and 49% expressed serious concerns that intelligence services listen in on them through electronic devices, such as mobile phones or smart speakers.
“Interestingly, the same percentage of respondents (49%) want their smart speakers to have the functionality to call the emergency services if required. This shows people are divided on what represents an equitable exchange of value in terms of trading privacy for digital services.”