Most millennials are cynics about online security

woody-allen-nihilistNearly all millennials in the US and UK are cynical when it comes to online security and do not expect online services can adequately protect their data, a new survey has revealed.

However the survey, by security firm Intercede, claims that millennials, or those reaching adulthood in the year 2000, have terrible security habits, and probably because they think it is all pointless.

Less than five percent believe that current safeguards will protect their data from exposure and 70 percent of respondents agree that the risk to their online privacy will increase as society becomes more digitally connected. Half of them thing that data breaches will undermine trust in businesses.

The survey follows a bad summer of data breaches.

However, some of them have only themselves to blame. The survey showed that millennials don’t do much to make life hard for the hackers.

More than 45 percent of the respondents are unlikely to ever change their passwords unless it is required.

Businesses have gained an additional incentive to improve data security or face federal regulatory action. On August 24, a US appeals court upheld the right of the Federal Trade Commission to sue companies that lose consumer information in a security breach.

The defendant in the case, hospitality company Wyndham Worldwide, had failed to adopt reasonable security practices, according to the FTC complaint.