Millennials trust Amazon and PayPal over banks when it comes to personal data

Jeff Bezos Amazon pointAmy Harris/Invision/AP Images

  • Survey of 2,000 Brits find a majority of 18-24-year-olds trust Amazon and PayPal ahead of banks when it comes to protecting their personal data.
  • 77% of all people surveyed don’t trust Facebook with their data in the wake of the Cambridge Analytica scandal.

LONDON — Young people in Britain are more trusting of tech giants such as Amazon and PayPal than they are of banks when it comes to personal data, according to a new survey.

A survey of 2,000 people across the UK by business intelligence group RFI found that most 18-to-24-year-olds put Amazon and PayPal above banks when asked to rank a number of organisations by how much they trust them to “hold and maintain the privacy and security of your personal information.”

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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