About 7.5 percent of U.S. adults lost money as a result of financial fraud last year, mostly due to data breaches, according to a new Gartner study released on last night.
In the survey of nearly 5,000 consumers, 70 percent said they had never been a victim of identity theft fraud. Meanwhile 14 percent said they had had their credit card information used to charge purchases or get money, 7 percent said their debit card was used, 6 percent said a new account had been opened in their name, 5 percent had money transferred out of their account, and 4 percent had had checks forged.
The study also looked at why people switch banks and concluded that security and financial health of a bank were of about equal importance to consumers, said Gartner analyst Avivah Litan.
Continue Reading at CNET News
![Reblog this post [with Zemanta]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vO-2SxVEqiOYZsuwktGY94-lqoNIUbFkuALQQtzrIM8sBEhMecA01_pJWzVALWz2QE7gy6rvL0JnU6PG-BwC12vSIMsCzCi7E3e_HlKOfjI6-Yc5l8xn70tMwxaepZOKm88AwjaHEOsFd45glzBrg=s0-d)
