Data breaches have become more common, and as a result, consumers are left to wonder how much of their sensitive information has been exposed.

A recent survey by the American Institute of Certified Public Accountants (AICPA) found that 81% of Americans are at least somewhat concerned about the ability of businesses to safeguard their financial and personal information, while 40% are extremely or very concerned.

A telephone survey conducted by The Harris Poll for AICPA of 1,006 Americans in the fall of 2017 found that nearly half of U.S. adults (48%) think it is at least somewhat likely identity theft will cause them financial loss in the next year.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].