Security of personal data worries many
In advance of today's House Financial Services Committee markup on data security legislation, a new poll taken by the nation's top financial institutions finds that a huge majority of Americans are worried about the security of their personal data but believe their banks are doing a good job of protecting it.
The Financial Services Forum, funded by major financial establishments and headed by former Commerce Secretary Don Evans, reports in a poll that nearly 1 in 3 Americans–31 percent–has either been a victim of data breach or knows someone who has. Other findings in the RT Strategies poll conducted March 9–12 of 1,000 adults nationwide:
• 71 percent have some concern about the security of their data;
• 63 percent support congressional efforts to create a single national standard for the protection of sensitive data;
• 81 percent believe their bank is working hard to protect their personal data.
"The results of this survey show that data security is an issue on the minds of many Americans," Evans said in a statement. "It also demonstrates the trust they place in their own banks to work to protect their personal data," he added. The poll is the latest evidence that Evans is moving to give the forum a voice in the nation's economic debates.
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