U.S. adults think retailers and credit payment companies should hold most of the responsibility for protecting their data used in online purchases but don't expect companies to give-in to ransomware demands.

In a new survey, "Hacking America: Cybersecurity Perception," Woburn, Mass.-based Kaspersky Lab and San Francisco-based HackerOne also revealed American businesses and consumers still need a more comprehensive understanding of cyberthreats and how to protect personal and sensitive business data online.

The study also looked at how ransomware attacks on businesses are on the rise, from an attack every two minutes in January 2016, to every 40 seconds by October 2016, according to a Kaspersky Lab report. However, almost two in five U.S. adults do not expect companies to pay a ransom if they were hacked. Nevertheless, when asked what types of data they expect businesses to pay a ransom retrieve information, 43% expect companies to pay for employee social security numbers, followed by customer banking details (40%) and employee banking details (39%).

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.