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One in Three Americans Hacked in the Past Year


Munich RE

More than one-third of U.S. consumers experienced a computer virus, hacking incident or other cyber attack in the past 12 months, a survey by Zogby Analytics for The Hartford Steam Boiler Inspection and Insurance Company (HSB) reported today, and young adults 18-24 were the most likely victims.


The nationwide survey also found that victims of cyber crimes almost always spent money to recover from the attack, primarily to restore data and purchase software. In 23 percent of the cases, people spent between $1,000 and $5,000 per incident, while 56 percent spent less than $500.


“Consumers rely on smartphones, personal computers and tablets for virtually every aspect of their lives,” said Timothy Zeilman, vice president and counsel for HSB, part of Munich Re. “Their personal information is stored online and increasingly their home systems are connected to the Internet. The threat to cyber security for individuals and families is significant and growing.”


The top two concerns among consumers were potential cyber-attacks (66 percent “somewhat” or “very” concerned) and online fraud (62 percent).


Of the 37 percent of respondents who reported a cyber attack, almost half (42 percent) were in the 18-24 age group, compared with 34 percent of people ages 55-69 and 22 percent age 70 plus. The most common type of damage was a computer virus or other unwanted software (69 percent).

Read more: https://www.munichre.com/HSB/hack-survey/index.html