Online trust is falling

PrivacyDigest is reporting that consumer confidence in electronic commerce is falling:

"The BBC and ZDNet are reporting on an RSA poll of 1,000 users about failing confidence in ecommerce. 43% of respondents were reluctant to give details to online sites and 70% said that firms were not doing enough to keep their data secure. The BBC goes on to quote experts who back up the perception, ZDNet claims that action is being taken and is well." [Slashdot]5:57:15 PM PermaLink

In light of the most recent privacy/security incidents, it is not a surprise.