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More Consumers Say They’ll Bail After Breach

More Consumers Say They’ll Bail After Breach

Nov. 05, 2018 — Consumers increasingly say they are willing to walk away from businesses if they suffer negative consequences from a security breach or hack, the Financial Services Information Sharing and Analysis Center says in its latest risk summary. The weekly report for community financial institutions cites a recent poll in which 62 percent of respondents said they would stop shopping at a business for several months after an incident, while 21 percent said they’d walk away permanently.

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