That dramatic statement pretty much sums up the feelings of many people taking part in a recent survey. They suggest that online banking and online shopping are akin to playing Russian Roulette and it is only a matter of time before their security, credit cards and bank balances are breached. And women are more worried about this financial doomsday scenario than men.

The figures from the survey which analysed attitudes towards online shopping and banking, were revealed today by mobile security outfit Entersekt and the research was undertaken by OnePoll. It suggests that 410 out of the 1000 people questioned were absolutely convinced that their online accounts will be breached at some point, this despite admitting that they not only rely upon online banking and shopping but in fact love doing both so much that they won't give them up despite the perceived risks.

In the 'real world' of offline transactions, customers will not generally let their credit cards out of their sight according to the research. Only 13% admitted to doing that in the last six months in either a shop or restaurant payment scenario. Switch to the online world, however, and only 69% make sure the transaction is secure before hitting the 'complete transaction' button, not doing so is equivalent to handing the card over and letting the waiter walk away with it.

The battle of the sexes showed something of a contrast between the attitudes of men and women to transactional security risk. Women were more worried about the security of online banking and

shopping than men, with 51% concerned about conducting financial transactions compared to just 41% of blokes. Only 65% of men bother to check how secure a transaction is before making it, compared to 72% of women.

The most worrying statistic to come out of this research though, has to be the somewhat misguided belief of 85% of respondents that the bank or card issuer would simply soak up the loss and pay for it if a card was used without authorisation. Misguided as it is the merchant, not the bank, who cops for the cost. The consumer may not care about who pays as long as it isn't them, but they should as ultimately fraud drives up the cost of shopping.

The good news is that those customers are not put off by the more robust of security measures, and 78% were happy to use banking security keys, fobs and passwords. Just a mere 18% of idiots would prefer reduced security and more ease of use as an alternative.

When it comes to mobile device payments though things are less clear cut. Customers are pretty much split about whether it's a good or bad thing, with 48% in favour, 36% against and 16% unsure. Men (32%) think it's a better idea than women (25%) but only 18% of either sex would feel comfortable using a mobile phone to perform online banking tasks when surrounded by passengers on public transport, for example.

Schalk Nolte from Entersekt comments "Just as people are looking to banks and retailers offering strengthened security, I believe mobile banking applications and services critically, should reflect this requirement. Trust is at the heart of any financial transaction and the very fact that 19% of the people surveyed are already taking advantage of mobile banking is a strong indication that it’s a service people require. Security becomes a critical requirement and all parties involved in a financial transaction need to consider security. Mobility and freedom to transact anywhere, anytime is no longer negotiable – it is the nature of the lives we live today."