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Mobile payments could suffer from liability shift and confusion

Mobile payments could suffer from liability shift and confusion

(adsbygoogle = window.adsbygoogle || []).push({}); Liability is beginning to shift away from consumers and on to companies As mobile payments become more prominent, liability is beginning to shift. Liability shift places the burden of fraudulent payments on merchants and banks that are not making use of new technology and security standards. Previously, such liability had been placed on the consumer or, more accurately, those conducting fraudulent charges. Because fraud in the mobile payments space can be difficult … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Commerce Security, Mobile Payments, Near Field Communications, Tablet Commerce, Technology News, Trends

Mobile payments security continues to be a major issue

Mobile payments security continues to be a major issue

Mobile wallets continue to gain momentum Mobile wallets are becoming more common as a growing  number of consumers begin to rely on their smartphones and other devices to pay for products. These applications are designed to store information provided by retailers and other businesses, making it easier for consumers to make mobile transactions. The issue, however, is that mobile commerce is becoming an attractive target for malicious groups that want to exploit consumer financial information. According … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Commerce Security, Mobile Payments

Google’s latest technology news includes security ultimatum to competitors

Google’s latest technology news includes security ultimatum to competitors

The internet and tech giant has threatened to expose the security flaws of the competition if they are not repaired. The Financial Post has reported the technology news that Google has recently released an ultimatum to other tech companies that says that they had 90 days to patch their software vulnerabilities or Google would publicize those flaws. An elite hacking and programming team at Google has identified security flaws in competitor software. The result of this effort has … Read entire article »

Filed under: Gadgets, Mobile Commerce Security, Technology News

New mobile security chief joins BlackBerry team

New mobile security chief joins BlackBerry team

The smartphone manufacturer is gearing up to boost the strength of its mobile security technology. BlackBerry has announced that it has hired a new chief security officer, giving the struggling handset maker an improved focus on the development of mobile security technology. The new chief security officer is David Kleidermacher, who will oversee security feature development. Kleidermacher will hold this responsibility over mobile security device software as well as for other products, and to take the lead in … Read entire article »

Filed under: Mobile Commerce Security, Technology News

Your Smart TV might be spying on you, says Samsung

Your Smart TV might be spying on you, says Samsung

It has recently been suggested that mobile security with certain common devices is far lower than assumed. The mobile security concerns that are typically on people’s minds typically have to do with using smartphones for making purchases online or in-store, but a recent update from Samsung Electronics Co. has shown that other gadgets such as a smart TV could be placing your private data at risk. The company updated its terms of service and has inadvertently pointed … Read entire article »

Filed under: Gadgets, Mobile Commerce Security, Technology News