84% of women surveyed expressed concerns about sharing personal information online compared to 78% of men.
Younger individuals are more likely to share their identity online.
Women are more cautious than men about sharing personal information online, with 84% of those recently surveyed expressing
concerns compared to 78% of men. These findings were highlighted in a survey by Digidentity
that focused on digital platform users in
the UK and the Netherlands. The study found that gender, age, and
nationality play significant roles in shaping individuals' attitudes and
behaviors toward online privacy and security.
Online Identity Protection
While concerns about data breaches and identity theft
are prevalent across all demographics, there are notable differences in how
various groups approach and perceive these issues. 80% of respondents aged between 16 and 24
are worried about identity theft, while 90% of those aged 55 and
above care about identity theft.
There is a lower likelihood of women oversharing
personal details to reduce their vulnerability to identity theft. Additionally,
women are less inclined to trade personal data for expedited online
access than men, further highlighting their cautious approach to online privacy.
Besides that, younger individuals, growing up in a digital-first
environment, are more accustomed to sharing their identity online. While they
express worries about the extent of their online footprint, they are also less
concerned about potential risks such as scams compared to older generations.
However, both younger and older age groups exhibit
significant levels of concern about data breaches and fraud, albeit with
differing degrees of intensity. 78% of the respondents aged 16 and 24 expressed concerns about data breaches, while 92% of those aged 55 years and
above care about this aspect.
Marcel Wendt, the Chief Technology Officer and Founder
at Digidentity, mentioned: "Gen Z have grown up in a digital-first world, so are used
to their identity existing online. This could explain why they are the least
likely age group to reduce their online presence."
"However, there is a clear disconnect between concern
and action amongst this generation. This could point to users' lack of control
over their digital identity, especially among younger generations. Not only
does work need to be done to ensure consumers are aware of the risks involved
with sharing too much personal data, but also to put users first and in
control of their data."
National Variances in Identity Anxiety
The research indicated notable differences in online
identity concerns between countries, with the UK exhibiting heightened
apprehension compared to the Netherlands. UK citizens expressed greater worries
about unauthorized access to online banking services, identity theft, and data
breaches, reflecting a more cautious approach to online privacy.
Despite widespread concerns about online privacy and
security, a significant proportion of individuals do not actively take steps to
minimize their online footprint. While the UK emphasizes data privacy, it lags behind
the EU in adopting digital identity wallets. Challenges include reconciling
convenience with privacy concerns and aligning with the emerging EU framework.
Women are more cautious than men about sharing personal information online, with 84% of those recently surveyed expressing
concerns compared to 78% of men. These findings were highlighted in a survey by Digidentity
that focused on digital platform users in
the UK and the Netherlands. The study found that gender, age, and
nationality play significant roles in shaping individuals' attitudes and
behaviors toward online privacy and security.
Online Identity Protection
While concerns about data breaches and identity theft
are prevalent across all demographics, there are notable differences in how
various groups approach and perceive these issues. 80% of respondents aged between 16 and 24
are worried about identity theft, while 90% of those aged 55 and
above care about identity theft.
There is a lower likelihood of women oversharing
personal details to reduce their vulnerability to identity theft. Additionally,
women are less inclined to trade personal data for expedited online
access than men, further highlighting their cautious approach to online privacy.
Besides that, younger individuals, growing up in a digital-first
environment, are more accustomed to sharing their identity online. While they
express worries about the extent of their online footprint, they are also less
concerned about potential risks such as scams compared to older generations.
However, both younger and older age groups exhibit
significant levels of concern about data breaches and fraud, albeit with
differing degrees of intensity. 78% of the respondents aged 16 and 24 expressed concerns about data breaches, while 92% of those aged 55 years and
above care about this aspect.
Marcel Wendt, the Chief Technology Officer and Founder
at Digidentity, mentioned: "Gen Z have grown up in a digital-first world, so are used
to their identity existing online. This could explain why they are the least
likely age group to reduce their online presence."
"However, there is a clear disconnect between concern
and action amongst this generation. This could point to users' lack of control
over their digital identity, especially among younger generations. Not only
does work need to be done to ensure consumers are aware of the risks involved
with sharing too much personal data, but also to put users first and in
control of their data."
National Variances in Identity Anxiety
The research indicated notable differences in online
identity concerns between countries, with the UK exhibiting heightened
apprehension compared to the Netherlands. UK citizens expressed greater worries
about unauthorized access to online banking services, identity theft, and data
breaches, reflecting a more cautious approach to online privacy.
Despite widespread concerns about online privacy and
security, a significant proportion of individuals do not actively take steps to
minimize their online footprint. While the UK emphasizes data privacy, it lags behind
the EU in adopting digital identity wallets. Challenges include reconciling
convenience with privacy concerns and aligning with the emerging EU framework.
FlowBank Reimburses 91% of Deposits, Manages CHF 360 Million in Assets
Executive Interview with Michael Higgins | Hidden Road & ATFX | FMLS:24
Executive Interview with Michael Higgins | Hidden Road & ATFX | FMLS:24
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Executive Interview with Delphine Forma | Solidus Labs | FMLS:24
Executive Interview with Delphine Forma | Solidus Labs | FMLS:24
๐ Crypto Regulation and MiCA: The Road Ahead for Brokers and Exchanges ๐
In this must-watch interview, Delphine Forma, Head of UK and EU Policy at Solidus Labs, breaks down the challenges and implications of crypto regulation in #Europe, including the upcoming implementation of MiCA (Markets in #Crypto-Assets). From fragmented regulatory landscapes to unprepared exchanges, Delphine highlights the urgency for brokers and platforms to align with new frameworks by December 30.
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๐ฃ Stay updated with the latest in finance and trading!
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๐ Crypto Regulation and MiCA: The Road Ahead for Brokers and Exchanges ๐
In this must-watch interview, Delphine Forma, Head of UK and EU Policy at Solidus Labs, breaks down the challenges and implications of crypto regulation in #Europe, including the upcoming implementation of MiCA (Markets in #Crypto-Assets). From fragmented regulatory landscapes to unprepared exchanges, Delphine highlights the urgency for brokers and platforms to align with new frameworks by December 30.
#fmls #fmls24 #fmevents
๐ฃ Stay updated with the latest in finance and trading!
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Executive Interview with Brandon Mulvihill | Crossover | FMLS:24
Executive Interview with Brandon Mulvihill | Crossover | FMLS:24
๐ Crypto Execution, Market Structure, and the Road Ahead: Insights from Brandon Mulvihill, CEO of Crossover #Markets ๐
How are #crypto execution venues reshaping the digital asset space for retail and institutional brokers? In this exclusive interview, Brandon Mulvihill, Co-Founder and CEO of Crossover Markets, shares insights on the gaps in market structure, innovations in crypto #trading, and the future of digital asset infrastructure.
With the emergence of ECNs in crypto and declining costs of trading, the digital asset space is maturing rapidly. Discover how macro trends like pro-crypto sentiment, institutional participation, and regulatory optimism are driving growth and reshaping opportunities in the crypto markets.
#fmls #fmls24 #fmevents #digitalassets
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๐ Crypto Execution, Market Structure, and the Road Ahead: Insights from Brandon Mulvihill, CEO of Crossover #Markets ๐
How are #crypto execution venues reshaping the digital asset space for retail and institutional brokers? In this exclusive interview, Brandon Mulvihill, Co-Founder and CEO of Crossover Markets, shares insights on the gaps in market structure, innovations in crypto #trading, and the future of digital asset infrastructure.
With the emergence of ECNs in crypto and declining costs of trading, the digital asset space is maturing rapidly. Discover how macro trends like pro-crypto sentiment, institutional participation, and regulatory optimism are driving growth and reshaping opportunities in the crypto markets.
#fmls #fmls24 #fmevents #digitalassets
๐ฃ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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Executive Interview with Laura Mccracken | MyGuava | FMLS:24
Executive Interview with Laura Mccracken | MyGuava | FMLS:24
๐ณ #Payments Innovation and #Fintech Trends: Insights from Laura McCracken ๐ณ
In this interview, Laura McCracken, Non-Executive Director at Guava, explores how financial services are evolving through rebundling, the rise of #financial super apps, and embedded finance. As customers demand simplicity, fintech startups are driving innovation in cross-border payments and remittances, with unconventional partnershipsโlike social media platformsโunlocking new global opportunities. From streamlining payments to integrating services into daily life, the future lies in efficient, unified solutions that deliver value to both businesses and consumers.
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๐ณ #Payments Innovation and #Fintech Trends: Insights from Laura McCracken ๐ณ
In this interview, Laura McCracken, Non-Executive Director at Guava, explores how financial services are evolving through rebundling, the rise of #financial super apps, and embedded finance. As customers demand simplicity, fintech startups are driving innovation in cross-border payments and remittances, with unconventional partnershipsโlike social media platformsโunlocking new global opportunities. From streamlining payments to integrating services into daily life, the future lies in efficient, unified solutions that deliver value to both businesses and consumers.
#fmls #fmls24 #fmevents
๐ฃ Stay updated with the latest in finance and trading!
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Executive Interview with Sonia Barlow | LMF Network | FMLS:24
Executive Interview with Sonia Barlow | LMF Network | FMLS:24
Diversity, Inclusion, and Entrepreneurship in Fintech: Insights from Sonia, Founder of LMF Network
How can #fintech leaders build inclusive workplaces, retain top talent, and drive meaningful change in 2025? In this engaging interview, Sonia, Founder of the LMF #Network, discusses the importance of #diversity, equity, and upskilling in modern workplaces. From practical tips for scaling businesses to addressing misconceptions about inclusion, Sonia shares actionable insights for leaders, entrepreneurs, and fintech professionals.
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Diversity, Inclusion, and Entrepreneurship in Fintech: Insights from Sonia, Founder of LMF Network
How can #fintech leaders build inclusive workplaces, retain top talent, and drive meaningful change in 2025? In this engaging interview, Sonia, Founder of the LMF #Network, discusses the importance of #diversity, equity, and upskilling in modern workplaces. From practical tips for scaling businesses to addressing misconceptions about inclusion, Sonia shares actionable insights for leaders, entrepreneurs, and fintech professionals.
#fmls #fmls24 #fmevents
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