Over half of US consumers think that storing their credit/banking information in the cloud is riskier than not wearing a seatbelt. This, and other curious tidbits, is included in the recently released Norton Cybersecurity Insight Report, which researched the perceived and real impact of cybercrime on the personal lives of North Americans.

Some of the findings in the report are fairly well known and not too surprising, such as the fact that, in 2014, more than 348 million identities were exposed through hacking into trusted instructions, and that 594 million people were affected by cybercrime, with the majority living in North America, Europe, India, China, Japan, and Australia.

However, more revealing are two important points:

  1. Despite a flood of media reports, employee awareness education, and just plain common sense, less than half of those surveyed use a secure password, 33% do not have a password on their smartphone or home computer, and 36% of those who share passwords have shared their banking account information.
  2. Although Millennials (those born after 1980) are the most tech savvy and spend the most time on line, they are also the least security conscious group of digital users. Instead of taking personal responsibility for their digital security, Millennials are more likely to trust that their banks and credit card companies will take care of them. Because of this, almost of a third of them are likely to share passwords.

Unfortunately, their trust is misplaced – 44% of U.S. Millennials have been the victim of online crime in the past year. This is compared to Baby Boomers, who, although they didn’t grow up with digital technology, are far more security conscious – only 16% of Baby Boomers globally have experienced online crime in the past year.

The report doesn’t just state facts. It also includes handy checklist that people can use to make sure their digital use is secure. It should be required reading, especially if you are under 35.