cell phone privacy

Catching Up With Mobile Security Threats

According to a new report from The NPD Group, nearly 40 percent of all smartphone users are concerned about such threats as activity monitoring, hacking, credit-card security and viruses, while more than one-third are worried about harmful apps, malicious emails and the potential for user-location tracking.

Mobile payments for dummies (infographic)

As the graphic shows, there are five main types of mobile payments. The two we hear the most about are mobile payments at the point of sale, like Google Wallet and Isis, and mobile payments as the point of sale, like Square and Intuit’s GoPayment. NFC, or near-field communications, is just one of many ways mobile devices (and even credit cards) can take advantage of these two mobile payment types.

Will NFC Technology Drive Mobile Payments Initiatives?

According to Juniper Research,a mobile-focused consulting firm, the market for mobile payments could reach $240 billion in 2011, and growing two to three fold over the next five years. Other research firms, such as Gartner have slightly lower mobile payment volume estimates, showing that in 2011 there will be approximately 141 million mobile payment users generating $86 billion in volume across the globe.

Experts warn of smartphone security

You wouldn't think of leaving your computer open to viruses and hackers, but your smartphone probably doesn't have the same protections, and that could make you vulnerable. We enter passwords into our smartphones. We input credit card information, and sometimes even our bank account numbers, and all of that personal data is vulnerable to identity theft.

Who’s responsible for mobile security?

Recent research from Juniper suggests that there has been a 400% increase in Android malware since the summer of 2010, but this is not to suggest that it is only Android phones that are at risk. Clear examples of mobile spyware and trojans have been seen for all mobile operating systems, yet there is one common factor across all smartphones; the most common point of infection is the App store.

Press Release: Security Threats to Mobile Devices Increase but Only 4% of Smartphones and Tablets Protected with Security Software, Juniper Report finds

New market forecasts from Juniper Research indicate that currently less than 1 in 20 smartphones and tablets have third party security software installed in them, despite a steady increase in threats from device loss/theft, malwares and viruses.  However, the increasing extent to which personal and corporate data is stored on mobile devices and the recognition of the need to protect it will create a $3.6 billion opportunity for mobile security software providers by 2016.


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