Dive Brief:

• Three in 10 consumers don’t trust retailers with their personal and financial data, according to a report by payment systems company ACI Worldwide and research firm Aite Group. 

• A majority (58%) trust banks, government agencies, and law enforcement agencies more than they do retailers, the survey found.

• The report surveyed more than 6,100 consumers in 20 countries. 

Dive Insight:

Although most credit-card fraud worldwide still occurs online, the publicity of recent breaches at brick-and-mortar stores is likely contributing to consumers’ unease around whipping out their credit cards at the checkout counter. And, as FierceRetail notes, cybersecurity investigative blogger Brian Krebs says that brick-and-mortar retailers don’t do enough to keep their security systems and methods updated.