Passwords? We don't need no stinking passwords

Wednesday, 16 February 2005, 12:23 PM EST

Concerns over online security are continuing to slow consumer e-commerce growth. A quarter of the respondents in a recent survey have reduced their online purchases in the past year and 21 per cent refuse to conduct business with their financial institutions online because of security fears. More than half (53 per cent) of the 1,000 consumers quizzed believe that basic passwords fail to provide sufficient protection for sensitive personal information.

By John Leyden at The Register.

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