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Credit card fraud and identity theft are the biggest fears for many in the region.
This is according to the latest Security Index which provides insights into how concerned a community is towards various security issues.
Eighty percent of Singaporeans surveyed are concerned about other people using their credit card information or stealing their online identity.
But they are not the only ones: those from Hong Kong and Malaysia feel the same way too.
The Security Index will be highest where people are most fearful.
A zero index would mean there is no fear at all.
Singapore and Hong Kong have an index of 179 while Malaysia's index is 174.
But still, countries like New Zealand and Australia have a much lower index - below 150.
Ian Selbie, Practice Director, Secure Business Solutions, Unisys S'pore, says: "Partially because maybe Australians and New Zealanders are a little bit more laid back. Also if we look at what people are concerned about, in Australia and New Zealand, they're more concerned about terrorism and personal security."
But the irony is that although many in the region are concerned with cyber security, one-fifth of Singaporeans do not take simple security measures like destroying their ATM receipts.
Ian Selbie says: "Perhaps it's a degree of complacency that people trust their banks and forget they themselves also have a responsibility to take care of these things."
Analysts say a high security index may actually be a good sign since it is better to be concerned rather than be too laid back.
And the expectation is for these trends to carry on for the next few years as the region becomes more digitally connected. - CNA/ch
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