Online Security Threat Concerns Cost Almost $2 Billion in 2006

Consumer concerns about the security of the Internet will result in nearly $2 billion in U.S. e-commerce sales losses, according to a recent survey by research group Gartner Inc. About $913 million is lost, because consumers who do shop online don’t shop as much as they would if they weren’t concerned about security. Another $1 billion is lost because of shoppers won’t shop online at all because of security concerns.