Bankomat 050421 Study reveals British people protect Facebook passwords more than banking PINs

British people care more about protecting their profiles and passwords on social networking websites like Facebook than on protecting their bank and credit card details, according to a survey by office supply firm Staples.

British people care more about protecting their profiles and passwords on social networking websites like Facebook than on protecting their bank and credit card details, according to a survey by office supply firm Staples.

 
The report, which surveyed 1,000 people, found that 33 percent are guilty of leaving bank cards at their workplace or leaving online bank statements open on a shared network, while others leave their statements on their desk or unshredded in the bin.
 
Despite this laxity, only 10 percent left their Facebook page open on a shared network, with a similar figure sharing personal details like date of birth or address on their profile.
 
Bankomat 050421 Study reveals British people protect Facebook passwords more than banking PINs
 
18 percent revealed that they do not cover the PIN pad when withdrawing money at an ATM, while nine percent actually share their PINs with friends and work colleagues. Yet only five percent would share their Facebook passwords.
 
“While it’s nice to feel comfortable with one’s colleagues, sharing bankcards and PIN numbers with others can lead to problems,” said Amee Chande, MD of Staples. “Not only does that potentially expose someone to identity fraud, but also runs the risk of not being covered by your bank insurance if a card or money does go missing.”
 
Online security is not a whole lot better, with 20 percent stating that they never change their passwords. The importance of technology over finance is shocking, however, with 19 percent of British people worried more about lost smartphones, compared to 16 percent concerned about lost passports or bank cards. Perhaps the empty accounts from the global recession has made more transient things like an iPhone or Facebook more valuable.