We Don't Trust the Web

The Register reports that Americans are more worried than Europeans about identity theft and online fraud.

Overall transactions are still increasing and mid-price purchases are the most popular, but spending in some areas is shrinking.

Research carried out in Germany, France, the UK and US by Momentum, found that almost half US consumers have little or no confidence that their private information is adequately protected.

Average monthly online spending in September was €153 with the UK in top slot with €231 and US spending least at €129