Small businesses see credit cards, banks as top privacy concerns

Northwestern Financial Review, May 1-May 14, 2002

Misuse of confidential information by banks and credit reporting agencies are among small-- business owners' top privacy concerns, according to a National Federation of Independent Businesses poll. Thirty-six percent of the respondents said their biggest privacy concern is identity theft, while 30 percent said it is leaks of confidential financial data.

Twenty-eight percent of the business owners said credit reporting agencies had violated their privacy. Financial institutions came in a close second, with 27 percent, and online vendors were third, with 25 percent.