cryptohunter
Active member
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Cyber threats and data breaches really made people in the United States worry about using electronic payments. Some big incidents showed that personal and financial info wasn't safe, making folks concerned about digital transactions. They got scared of unauthorized access, identity theft, and fraud.
Major financial institutions and stores were targeted in these data breaches, shaking up trust in electronic payment security. This loss of trust made people doubt if their sensitive info was really protected during digital transactions.
To fix things, banks and payment companies beefed up security with things like multi-factor authentication and encryption. But the impact of cyber threats still hangs around, making people think twice about digital money. It's clear that strong security rules are needed to rebuild and keep trust in digital finance.
Major financial institutions and stores were targeted in these data breaches, shaking up trust in electronic payment security. This loss of trust made people doubt if their sensitive info was really protected during digital transactions.
To fix things, banks and payment companies beefed up security with things like multi-factor authentication and encryption. But the impact of cyber threats still hangs around, making people think twice about digital money. It's clear that strong security rules are needed to rebuild and keep trust in digital finance.
