Survey Shows Southeast Asian Social Media Users Don't Want T

Survey Shows Southeast Asian Social Media Users Don't Want Their Financial Info Stored Online


A whopping 76% of social media users said they would choose not to store their financial information online, according to a Kaspersky-YouGov survey of several Southeast Asian countries, including Malaysia.
But there are notable gaps between generations. Baby Boomers (85%) show the highest resistance against having their financial data stored online, followed by Gen X (81%), Millennials (75%), and finally Gen Z (68%). It’s possible that this reflects young people’s greater openness to fintech innovations like e-wallets.
In general, social media users in the region don’t want their personally identifiable information (69%), family information (64%), and current location (54%) stored online. But only 47% would choose not to have their job details stored online – probably because of the widespread use of employment and professional networking websites.

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