TEL AVIV, Israel—A new study shows that most consumers believe cloud-based apps can be hacked, and that many would stop using an app if it was compromised.
According to Radware's report, Mobile Application Security: Consumer Perspectives and Organizational Implications, more than half of Americans aged 18 to 34 report using cloud-based apps; 15% of Americans aged 65 and use cloud-based apps.
The majority of consumers (87%) believe cloud-based apps can be hacked, but 45% of the survey's respondents also think cloud-based apps can keep personal data safe. However, 54% of consumers say they would stop using an app if it was hacked.
Most consumers (85%) believe cloud-based app providers should provide identity theft protection and offer compensation to customers affected by a data breach.
The study shows most popular types of apps include fitness apps (16%), food ordering services (10%), transportation and financial services (8%), and healthcare (7%).