Wed, 23rd November 2016
Insight: 93% of UK millennials lack trust in online retail
23 November 2016 | by The Retail Bulletin
According to research released by LexisNexis Risk Solutions, 52% of millennials questioned said they were worried about having their identity stolen through online, or mobile/app-based activities, with women more concerned at 65%. The research also found that 84% of millennials do not believe that their personal information is fully protected online.
Not only does the research highlight millennials' security concerns, it also demonstrates the challenges that they face today, including barriers to securing credit. The study found that only 38% of millennials own a credit card, suggesting that younger millennials in particular are less likely to have the credit history or income to qualify for a credit card.
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