Mobile security adoption is inadequate in New Zealand

Mobile Security threats

A report from Norton Cybercrime has shown that consumers are not protecting their smartphones. Norton Cybercrime has released a report that provides insights into the use – and lack thereof – of mobile security protection and behaviors by the people of New Zealand in order to help to improve awareness of the issue. The report’s release was aligned with the first day of New Zealand Cyber Security Awareness Week. The awareness week began on May 27, 2013 and pointed out a number of issues regarding the behaviors that people maintain…

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Mobile payments use is increasing, but so are security worries

Mobile security payments online retail card

Experts are predicting that the amount of fraud will rise as the usage of these services grows. Though slow to start in terms of consumer adoption, mobile payments technology has the potential to revolutionize the way that purchases are made and transactions are completed. At the same time, as with any growth in technology popularity, this opens the door to fraud. Industry experts are finding that as the trend grows toward the use of mobile payments technology, so does the concern regarding its security and the protection that it provides…

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The truth about the collection and use of eReceipts and mobile payment data

Geotargeting

Mobile payments and eReceipts are primed and ready to become widespread, but as this is a brand new technology and technique, many people are wondering how the data collected from their devices in order to perform those transactions will be used by retailers and merchants. The traditional online marketplace, with its e-commerce, email marketing, and other forms of online advertising, are now considered to be technologies that have matured, and standard privacy practices are in place to help regulate them. There had been a wrench thrown into the works by…

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Mobile device data capacity leads to tremendous security risks

Mobile Security

According to experts, the data capacity and portability of mobile devices are bringing about a series of significant security issues. Assistant vice president of Aon Risk Solutions, Sarah Stephens, a San-Francisco-based unit of Aon Corp., pointed out that people set the devices down and leave them unattended. That said, the greater the storage capacity of the devices, the more sensitive information is frequently stored within them, and the greater the risk if the device be misplaced or stolen. This was explained by Stephens at the first Cyber & Privacy Risk…

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Near Field Communication (NFC) Technology Baffles Consumers

Near Field Communications News

According to a new YouGov survey, consumers are still in the dark about the new NFC mobile technology that features “wave and play” usability. This research study showed that among consumers, 91 percent had not even heard of near field communications (NFC), let alone knew what it did. This technology is designed to allow customers to make purchases at a point-of-sale, such as a cashier’s counter, by way of a mobile device such as a cellular phone. That said, the study also showed, that 70 percent of consumers have also…

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