Is Using Public WiFi Risky?

by CXOtoday News Desk    Nov 19, 2015

cybersecurity

 

Press Release

Indians have always been very cautious when it comes to their presence online.

 According to a survey by Norton by Symantec two in three Indian (66 percent) consumers believe using public Wi-Fi is riskier than using a public restroom.

 The Norton Cybersecurity Insights Report has found that 60 percent of people worry about experiencing cybercrime. Interestingly, 54 percent of Indians believe it’s more likely their credit card information will be stolen online than from their wallet and one in two (52 percent) Indians have either personally experienced credit card fraud or know someone who has.

And, 8 in 10 (80 percent) say that it is riskier to share their email password with a friend than their car for a day.

 “Our findings reveal that consumer reservations are indeed grounded in reality. In the past year, 48 percent of India’s online population or approximately 113 million Indians were affected by online crime,” said Ritesh Chopra, Country Manager, India, Norton by Symantec.

 “Despite the threat of cybercrime in India, it hasn’t led to widespread adoption of simple protection measures to safeguard information online, with almost one in four Indians sharing passwords as a common practice,” he said.

Consumers Frustrated with Cybercrime

Indian consumers affected by cybercrime lost on average 29.6 hours compared to an average of 21 hours across the 17 countries surveyed. On the other hand, an Indian lost an average of INR 16,558 compared to the global average of INR 23,878 (USD 358). On top of this loss, cybercrime takes a true emotional toll with nearly half of consumers experiencing cybercrime in India feeling furious after being affected by cybercrime. Further:

Overconfident, But Underprepared

Despite the concern and awareness towards cybercrime, and only one in three Indians feeling complete control of their online security, consumers are overconfident of their online security behaviors. When asked to grade their security practices, they consistently award themselves a solid “A”. 

But in reality, most are not passing the most basic requirement of online security: password use.

 Of those using passwords, less than half (41 percent) always use a secure password – a combination of at least eight letters, numbers and symbols. Worryingly, over one in three do not have a password on their smartphone or desktop.

· People are sharing passwords to online sensitive accounts with friends and family. Of those sharing passwords, more than one in three share the password to their banking account, and on an average they are sharing passwords for two accounts, with the most common passwords shared being email (60 percent), and social media (54 percent).

Norton Top Tips to Stay Safe Online:

· Choose a unique, smart, secure password for each account you have online.  

· Delete emails from senders you don’t know, and don’t click on attachments or links on suspicious-looking emails.

· On social media sites if an offer sounds too good to be true, it just might be. Beware of the pitfalls of clicking on links from social media sites. Before clicking, hover the mouse over the link to see its destination. Only click on links that lead to reputable, official company pages.

·  Always monitor your financial accounts for unusual activity. If there is a charge that you didn’t make, report it immediately. Often cybercriminals will charge a small “test” amount before attempting to drain your bank account.

· Use a secure backup solution to protect files and backup regularly so criminals can’t hold them for ransom.

 · Report cybercrime or identity theft to the Cyber Crime Cell or local police.