A new National Foundation for Credit Counseling poll found 64% of consumers are afraid they may become victims of identity theft, and the rising popularity of smartphones may be the culprit of that fear.
According to the Washington-based nonprofit, smartphone sales beat out personal computer sales last year, smartphone sales are expected to continue growing over the next four years, and 62% of smartphone owners don't use passwords to protect the information stored on their devices.
"A healthy fear of identity theft is a good thing," said the foundation's Gail Cunningham. "People often become complacent, particularly with their mobile devices. When people see their wallet, credit cards or checkbook, they think of money. However, they don't connect the dots that critical financial information may be stored on their smartphone, thus putting them at significant risk if lost or stolen."
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
