• search
For Quick Alerts
For Daily Alerts

1 in 10 Aussies falls victim to online theft

By Nairita Das

Melbourne, July 6 (ANI): A new survey has suggested that Australians are falling victim to online identity theft at an alarming rate, costing them 1.3 billion dollars over the past year.

The survey of 2500 Australians found that one in 10 had fallen victim to online identity theft in the past 12 months and each lost an average of 1000 dollars as a result.

If the survey results are extrapolated nationally, it means 1.37 million Australian Internet users have been the victims of fraudsters, costing them 1.3 billion dollars in a single year.

About 60 per cent of survey respondents said they'd encountered fraudulent emails and websites in the past year.

The survey found complacency was a major factor in identity theft, with Gen Y users the least likely to check for security features before handing over sensitive information.

Some 69 per cent users aged 18-24 admitted they failed to do so every time they gave out information such as bank and credit card details.

People aged over 50 were among the most security savvy, with about 45 per cent regularly checking for online safeguards.

VeriSign said the best way for users to guard against identity theft was to look for security features that are built into legitimate sites and correspondence.

"It's in the best interest of organisations that have a major online presence to give Australians the confidence that they have implemented enhanced security methods," News.com.au quoted Alastair MacGibbon of the Internet Safety Institute as saying.

Galaxy Research conducted the survey for VeriSign. (ANI)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more