Fewer Customers Feel They Can Trust Companies with Their Private Data!!

Submitted Mon, 06/09/2014 - 8:28am by BossFrog

Americans are rapidly losing faith in the ability of companies to keep their personal data from being stolen from hackers.

In a new Gallup poll, only two in ten said they had "a lot of trust" in companies when it comes to protecting their information while 47 percent expressed "some trust."

However, 30 percent now have "little trust" or "no trust at all" in the way companies keep their private info private.

Meanwhile, due to the increase in massive breaches that have affected both online and brick and mortar stores, 37 percent admitted their faith in companies has dropped.

As for having "a lot of trust" in a particular online site, the responses were:

Banks and credit card companies - 39 percent
Health insurance industry - 26 percent
Retail stores  - 14 percent
Federal government -12 percent
Social networking  - Two percent