In 2014, 240 million Chinese were victims of cybercrime and lost a total of over 700 billion Yuan. Norton AntiVirus released a report today on the status of global cybercrime and its impact on consumers. 594 million people in 17 countries have been victims of cybercrime attacks in the past year. Of all the emerging markets, China was hit the hardest last year by cybercrime.
The “Norton Internet Security Survey Report,” revealed that 58 percent of Chinese fear that their credit card information will be stolen online. Despite this, most Chinese consumers do not actively take security measures to protect their information online.
83 percent of Chinese believe that using pubic WiFi is riskier than using public toilets. 72 percent believe that there is a good chance that they will be the victim of a cyber-attack.
The average Chinese internet user spends 23.5 hours dealing with consequences from cybercrime. In 2014, 240 million users lost a total of 708.6 billion Yuan, an average of 2,900 Yuan per person.
Children and the elderly are the most vulnerable to cybercrime attacks. Millennials (born 1984-1995) often fall victim as well. 53 percent of Chinese users who were victims of cybercrime were Millennials.
Chinese internet users share their passwords at a rate of 20 percent more than the global average. Chinese Millennials are twice as likely to share their password than older adults are.
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Keywords: cybercrime China China internet Norton AntiVirus
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