Close Menu
  • Home
  • Articles
    • Attacks
      • BEC
      • Data Breach
      • DDoS
      • Evasion Attacks
      • Injection
      • Malware
      • MITM
      • Phishing
      • Ransomware
      • RCE
      • Social Engineering
      • Spoofing
      • Spyware
    • Business and Policy
      • BCP and DRP
      • GRC
      • Regulations
    • Data Protection
      • DLP
      • DRM
      • Encryption
      • IAM
    • Future, Trends and Insight
      • AI
      • Events & Community
      • Emerging Tech
      • Expert Panel
      • Interviews With Experts
      • Insights
      • Study & Research
    • Resources
      • Guides
      • Tools
      • Training & Education
    • Security
      • API
      • Apps
      • Cloud
      • Critical Infrastructure
      • Endpoint
      • Hardware
      • IoT
      • Mobile
      • Network
      • OT
      • Port Security
      • Security Architecture
      • Software Development
      • Supply Chain
      • Zero Trust
    • Threats and Vulnerabilities
      • Emerging Threats
      • Insider Threats
      • Risk Management
      • Threat Intelligence
      • Zero Day
  • News and Exclusives
    • Latest News
    • ISB Exclusive
    • Positive News
  • Who We Are
    • About Us
    • Information Security Buzz Expert Panel​
    • Write for Us
    • Media Pack
  • Contact Us
  • Newsletter
Facebook X (Twitter) LinkedIn
Facebook X (Twitter) LinkedIn
Information Security BuzzInformation Security Buzz
  • Home
  • Articles
    • Attacks
      • BEC
      • Data Breach
      • DDoS
      • Evasion Attacks
      • Injection
      • Malware
      • MITM
      • Phishing
      • Ransomware
      • RCE
      • Social Engineering
      • Spoofing
      • Spyware
    • Business and Policy
      • BCP and DRP
      • GRC
      • Regulations
    • Data Protection
      • DLP
      • DRM
      • Encryption
      • IAM
    • Future, Trends and Insight
      • AI
      • Events & Community
      • Emerging Tech
      • Expert Panel
      • Interviews With Experts
      • Insights
      • Study & Research
    • Resources
      • Guides
      • Tools
      • Training & Education
    • Security
      • API
      • Apps
      • Cloud
      • Critical Infrastructure
      • Endpoint
      • Hardware
      • IoT
      • Mobile
      • Network
      • OT
      • Port Security
      • Security Architecture
      • Software Development
      • Supply Chain
      • Zero Trust
    • Threats and Vulnerabilities
      • Emerging Threats
      • Insider Threats
      • Risk Management
      • Threat Intelligence
      • Zero Day
  • News and Exclusives
    • Latest News
    • ISB Exclusive
    • Positive News
  • Who We Are
    • About Us
    • Information Security Buzz Expert Panel​
    • Write for Us
    • Media Pack
  • Contact Us
  • Newsletter
Subscribe
Information Security BuzzInformation Security Buzz
Home - Articles - It’s Not All About the Benjamins: IEEE Global Cybersecurity Survey Reveals Death of Cash by 2030
Articles

It’s Not All About the Benjamins: IEEE Global Cybersecurity Survey Reveals Death of Cash by 2030

ISBuzz TeamBy ISBuzz TeamMarch 21, 20164 Mins Read
Share LinkedIn Twitter Facebook Copy Link Email
Share
Facebook Twitter LinkedIn Email Copy Link
Quick AI Summary
ChatGPTClaudeGeminiGrokPerplexityDeepSeekCopilot

More Than Half of Survey Respondents Believe Digital Currency is the Future; Consumers Throw Caution to the Wind on Security for their Work and Personal Email Accounts

 IEEE, the world’s largest professional organization dedicated to advancing technology for humanity, today announced the findings of an online survey that detail more than 1,900 technology enthusiasts’ views on digital safety and the future of cybersecurity. According to the results, when asked what year mobile payments would be secure enough to the point where traditional methods (such as cash and credit cards) would no longer be required, 70 percent of respondents indicated a major shift by 2030. The survey results also found, on a scale from 1-5 (1 being least concerned to 5 being most concerned), a similar percentage between the lack of concern regarding the security of work email (50 percent) and personal email (49 percent) accounts, which is surprising given that there is no dedicated IT department to monitor and protect personal email as there is for a work-affiliated account

“Now more than ever, cybersecurity is a necessary safeguard to our digital lives, which hosts a variety of our private and personal information,” stated Diogo Monica, IEEE member and security lead at Docker. “Cyberattacks can now unfortunately happen in nearly every element of our lives, such as our car, connected home and wearable devices. Whether it’s putting more reliance in digital systems for our currency or trusting that our email accounts are secure, we need to be cognizant and take the necessary precautions to protect our digital footprint.”

Consumers No Longer on Cloud Nine

More than one quarter (26 percent) of participants also noted that the cloud was the least preferred method for storing their information; 49 percent of respondents chose personal computer log as their primary option. Respondents did have concerns regarding other considerations to their digital footprint. When asked on a scale from 1-5 (1 being riskiest to 5 least risky) about their personal information being available on certain platforms, respondents believed that online banking (72 percent), syncing to the cloud (53 percent) and banking/mortgage information (60 percent) were extremely risky, indicating a 1 or 2 for each.

“There is a stigma attached to the term “cybersecurity” and “hacker,” due in large part to personal and corporate attacks, but there is so much opportunity and growth available in the cybersecurity industry,” stated David Brumley, IEEE member and director of CyLab at Carnegie Mellon University. “Initiatives such as ‘Hacking for Good’ can not only provide tools and a career path for students, but it can help change the perception that a “hacker” isn’t representative of the field as a whole. Responsibly encouraging and developing the next generation of cybersecurity personnel is needed to ensure we are protected in the future.”

Internet Starts with “I” – Managing Your Digital Home

There is a level of sophistication among respondents who monitor their home Internet activity. According to the results, 22 percent of respondents have automated alerts set up for any attempted connectivity, 11 percent utilize visualized monitoring in real-time and 3 percent connect to a cloud monitoring system. When asked what would be most affected by the continued developments of cybersecurity, participants noted identity theft (42 percent), followed by online anonymity (27 percent), piracy (18 percent) and viruses (12 percent).

About the Survey

IEEE hosted an online survey on IEEE Transmitter, which was hosted from February 16 – March 29. The survey asked participants who are actively engaged in technology trends a variety of questions regarding their digital comfort level as well as what the future might hold for the future of cybersecurity. The total number of survey respondents garnered was 1,903. Full survey results can be found by visiting IEEE Transmitter.
[su_box title=”About IEEE” style=”noise” box_color=”#336588″][short_info id=”61156″ desc=”true” all=”false”][/su_box]

ISBuzz Team
  • ISBuzz Team
    Air Canada Data Breach: BianLian Extortion Group Claims A Massive Heist Contrary To Airline’s Earlier Statement
  • ISBuzz Team
    Unprecedented DDoS Attack Rocks The Web: Tech Giants Reveal A Digital Tsunami
  • ISBuzz Team
    CISA Flags High-Severity Adobe Acrobat Reader Flaw Amid Active Exploits
  • ISBuzz Team
    Curl Security Alert: Patching A Critical Bug Averting Potential Cyber Catastrophe

The opinions expressed in this post belong to the individual contributors and do not necessarily reflect the views of Information Security Buzz.

Share. Facebook Twitter LinkedIn Email Copy Link

Related Posts

The Real Cost of Inconsistent Third-Party Access

December 18, 20255 Mins Read

What Happens When Devices Cross Borders? The Role of Geofencing in Global IT

August 7, 20256 Mins Read

The Evolving Importance of Identity Governance in FinTech

July 10, 20258 Mins Read
ISB-Bora-Side-Bar

No se ha podido establecer conexión. Error 429

 
ISB-Bora-Side-Bar
Black ISB Logo

Information Security Buzz is an independent resource that provides the experts’ comments, analysis, and opinion on the latest Cybersecurity news and topics

X (Twitter) LinkedIn Facebook RSS

Working With Us

  • About Us
  • Advertise With Us
  • Contact Us

Write For Us

  • How To Contribute

The Pages

  • Privacy Policy
  • Cookie Policy
  • AI Policy
  • Terms & Conditions
  • Copyright Notice

Information Security Buzz and all its contents are copyright © 2014-2025. All rights reserved. All third-party trademarks are recognized.

Type above and press Enter to search. Press Esc to cancel.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}