Do you trust your personal financial information to Web sites? Most American consumers don't, according to a new survey from Gallup. The security breach at Target last Christmas, combined with the Heartbleed bug and the hacking of eBay, seems to have alerted Americans that their information isn't necessarily secure at such places. Gallup found that just 21 percent of Americans have "a lot of trust" in businesses or companies to keep their personal information secure.
Over the course of the past year, 37 percent of the people Gallup surveyed said their trust in keeping their data safe has eroded, either by a little or a lot. Meanwhile, just 10 percent of American said their trust had increased in the past year.
The type of intsitution that garners the most trust is banks and credit card companies, with 39 percent of consumers saying they have a "lot of trust" in them. The least trustworthy? Just 2 percent of Americans think social networking websites can be trusted to keep their data safe.
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