Surveys continue to talk about the fear of fraud online. I am closely watching the sponsors of these surveys. This one is sponsored by The Cyber Security Industry Alliance.

Finextra: Fraud fears scare off US Web shoppers

The US-wide survey of 1150 adults conducted by Pineda Consulting found that only 44% feel their information is safe when engaging in e-commerce and only a third (34%) feel that Internet banking is as safe as banking in the branch.

This group is a lobby group, and this is taken from their site.

CSIA is the only advocacy group dedicated to ensuring the privacy, reliability and integrity of information systems through public policy, technology, education and  awareness.

Relevance to Bankwatch:
Surveys are often used as tools to promote a cause. In the case of online security, it is now bordering on fearmongering, and Banks need to ensure a balanced and educational view is provided to their customers, reflecting the significant security steps they have taken.