Credit card fraud concern for Kiwis

Credit card fraud is the biggest concern for New Zealanders when it comes to security according to the second Unisys Security Index Survey.

Spokesman Graham Alston says close to 60% of people surveyed are either very concerned or extremely concerned about the misuse of credit card details.

But he says in reality, the level of actual incidence is very low by world standards.

Alston says the finding is interesting for banks, who may need to determine whether the level of concern is actually changing people's behaviour.

Identity theft is the leading security concern for New Zealanders, behind credit card fraud.

Alston says 100% of 18 - 34-year-olds surveyed want added techniques to protect their identity.

He says there is a high level of acceptance of newer technology such as voice recognition and finger print and eye scans.

Alston says that indicates people are willing to give up a little bit more personal information to have an additional level of security.

Source: Newstalk ZB