Global Research Syndicate
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Survey Research

Ulster Bank survey finds 9% of adults share banking PIN or password when shopping online

globalresearchsyndicate by globalresearchsyndicate
November 18, 2019
in Survey Research
0
Ulster Bank survey finds 9% of adults share banking PIN or password when shopping online
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Ulster Bank has today released the findings of its 2019 ‘Black Friday’ Fraud Survey.

It shows that 23% admit they would sometimes take a chance on clicking a link if it promised a great deal.

Also, 9% of adults who shop online claim to have shared their online banking PIN or password with someone, either verbally or online, with 23% of those aged 18-24 having done so.

It comes as Gardaí and FraudSMART, a fraud awareness initiative led by Banking & Payments Federation Ireland (BPFI), is warning consumers to be alert to several new scams targeting people in the run-up to Christmas.

The survey also found that 76% of respondents feel they have taken all the necessary precautions to shop safely online this season.

Ulster Bank is also marking the first anniversary of its ‘Friends Against Scams’ initiative which helps spread the scam protection message to customers, family and friends.

Gardaí and the BPFI are warning the public about products which are considerably under market value or being offered for sale via an unsolicited email, text or phone call by people who are seeking payment in advance.

In many cases there will be photographs of the product which have been taken from other legitimate websites, the product will be offered for sale and payment will be sought in advance and the product will not be delivered.

They are advising people to use online retailers with good reputations such as high street shops or established online stores. Check out the information on the site to ensure it is genuine. Use the same credit card for all online purchases as it makes it easy to cancel if something goes wrong.

If the deal sounds like it is too good to be true it probably is.

Gardaí are advising consumers to be on the alert to text message, email or telephone call scams in which victims receive a text/email or call appearing to be from their bank asking them to for personal details or security information.

They said that the text, email or telephone call will instruct the individual to go to a website or make a phone call to a specified number, after which personal information will be sought. To prompt urgent action by the victim the fraudster will create a fear that if the customer does not take immediate action their account will be compromised.

Anyone who receives these unsolicited text messages, emails or telephone calls from their bank looking for this information to contact their bank and check the validity of the request and the security of the funds in their account. Do not use links received in the text or email to contact the bank and do not use telephone numbers supplied. Look up the number of the bank independently and contact them if there are any concerns.

    Among the other key findings of Ulster Bank’s online shopping survey were:

  • Two-thirds of respondents (66%) shop online at least once a month, with those aged 25-34 most likely to shop online with this frequency;
  • 38% of online shoppers claim they quite often /sometimes click on links without really thinking if they’re secure or not;
  • Almost six out of ten adults (59%) who shop online claim they would not be that embarrassed to admit to their family or friends that they were a victim of online fraud;
  • A fifth of online shoppers (21%) claim that it has been longer than a year since they last changed their online passwords, with a further 17% claiming it has been longer than six months since they last changed their passwords;
  • 30% of online shoppers claim that it’s been a year or longer since they have reviewed/updated the software security on their laptop, tablet or PC;
  • When asked to explain why they have not renewed / updated their software security, 23% say they don’t think it needs to be updated, 23% they only rarely use their laptop nowadays, 20% it’s too expensive to renew, 21% they are happy with the default one that was on the laptop, tablet or PC when they bought it, and 19% admit they don’t know where to start.

Ulster Bank has also partnered with cyberpsychologist, Dr Ciarán McMahon, to help spot the danger signs of a scam.

Dr McMahon said: “The Black Friday phenomenon is all about the chance to bag a bargain before a deadline. However, academic research shows that when faced with time pressures, we often make decisions that are more emotional and less

analytical. Scammers are hoping that we will drop our guard so let’s make it as difficult as possible for them.

“Similarly, academic research indicates that many people mistakenly assess their abilities as significantly better than they actually are. This is reflected in the survey results, where a large majority of respondents feel they have taken enough precautions yet admit to engaging in risky behaviours.

“Cybercrime is an increasingly sophisticated enterprise, but scammers have deadlines too. Consumers can slow them down by simply stopping to think: is this deal too good to be true?”

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

July 12, 2023
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 29, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 29, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

June 29, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

June 29, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

June 29, 2023
Next Post
An Absent Consumer Expenditure Survey: What It Means For Economic Policy Making – BloombergQuint

An Absent Consumer Expenditure Survey: What It Means For Economic Policy Making - BloombergQuint

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Unveiling the Hidden Power of Market Research: A Game Changer
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2023 Globalresearchsyndicate.com

No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2023 Globalresearchsyndicate.com

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT