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Black Friday sees lower online retail card fraud figures

Black Friday sees lower online retail card fraud figures

(adsbygoogle = window.adsbygoogle || []).push({}); E-commerce and mobile security held strong to protect online retailers and consumers this year. Both consumers and retailers were breathing more easily on Black Friday as online retail card fraud instances decreased this year over previous years. This represents the first time in several years that there was a drop, not an increase in e- and m-commerce card fraud. The fraudulent online retail card figures didn’t just fall slightly. Instead, it plummeted to 42 … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments, United States

IoT security is lower than it should be as fewer than half protect themselves, study

IoT security is lower than it should be as fewer than half protect themselves, study

While a growing number of people are adopting this type of technology, they are leaving themselves vulnerable. A recent Trustlook study has revealed that adequate IoT security is greatly lacking among the first wave of consumers to have adopted the tech. Early adopters are therefore leaving themselves vulnerable to breaches to their privacy, identity and information. The study was conducted by way of a survey that was held among consumers in September 2017. The Trustlook survey findings suggested … Read entire article »

Filed under: Featured News, Gadgets, Mobile Commerce Security

Facial ID proves unpopular among consumers as a mobile payment security verification

Facial ID proves unpopular among consumers as a mobile payment security verification

A new Juniper Research study revealed that over 40 percent of iOS users don’t want to use this security tech. More than one in three iOS device users in the United States do not intend to use facial ID technology as a part of their mobile payment security. This, according to Juniper Research survey findings. The findings suggest that Apple’s own customers may not feel comfortable with the new facial recognition tech. Facial ID tech is among the … Read entire article »

Filed under: Featured News, Mobile Commerce Security, Mobile Payments

Mobile commerce popularity pushes fraudulent payment transactions to record highs

Mobile commerce popularity pushes fraudulent payment transactions to record highs

New data released in Europe shows card fraud was way up in 2016, as the U.K. suffers the most. A newly released report is pointing to mobile commerce popularity to help explain why card fraud transactions are skyrocketing in Europe. The United Kingdom is facing the largest losses among all the countries in the European Union, having recorded a £618 million (€713 million) loss last year. The European Union’s total losses were an estimated €1.8 billion in … Read entire article »

Filed under: Commercial, Featured News, International, Mobile Commerce, Mobile Commerce Security

Is your mobile phone security at risk because of your own actions?

Is your mobile phone security at risk because of your own actions?

A private investigator is cautioning consumers that they’re sharing their smartphone numbers too often. There are a number of mobile phone security risks to which device users are exposing themselves every day without even knowing it. The result, says private investigator Thomas Martin who is a former Drug Enforcement Agency agent, is that consumers are providing third parties with access to a surprisingly large amount of information about themselves. The cause is an over-willingness of American consumers … Read entire article »

Filed under: Featured News, Mobile Commerce Security, Technology News

Smartphone iris scanner built into Samsung Galaxy S8 easily fooled

Smartphone iris scanner built into Samsung Galaxy S8 easily fooled

It takes nothing more than a photograph and a contact lens to trick the phone’s mobile security feature. The sophisticated and hyped smartphone iris scanner in the Samsung Galaxy S8 isn’t quite as secure as marketing claims have suggested. A German hacking group called the Chaos Computer Club has found a simple way around what Samsung called “one of the safest ways to keep your phone locked.” The electronics giant said that the patterns on a person’s … Read entire article »

Filed under: Featured News, Gadgets, Mobile Commerce Security

Mobile security threats warrant great protection efforts, says DHS report

Mobile security threats warrant great protection efforts, says DHS report

The Department of Homeland Security released recommendations about both devices and networks. A new report addressing mobile security threats was recently submitted by the Department of Homeland Security to Congress. The document suggested that the federal government would be wise to take a more active position in the organizations developing mobile device and network tech standards. The DHS also recommended expanding the Continuous Diagnostics and Mitigation cybersecurity service. That is the service it provides federal agencies to inform … Read entire article »

Filed under: Featured News, Mobile Commerce Security, Technology News

Samsung mobile security gets a boost with former US Department of Defense CIO

Samsung mobile security gets a boost with former US Department of Defense CIO

The South Korean consumer electronics giant has hired the security heavyweight, say recent reports. Former Chief Information Officer Terry Halvorsen, of the U.S. Department of Defense, is now an executive vice president boosting Samsung mobile security. The company reported the new hire to its mobile division over official channels. Halvorsen was with the Department of Defense until February 2017, after which time he retired from his position. Media speculation suggests Halvorsen will provide considerable Samsung mobile security support … Read entire article »

Filed under: Featured News, Mobile Commerce Security, Technology News

Mobile payment security concerns continue to create serious privacy issues

Mobile payment security concerns continue to create serious privacy issues

A recent study by IIM Bangalore identified serious worries over smartphone based payment services. At a time when smartphones are essentially ubiquitous and digital wallets are picking up in popularity, mobile payment security concerns persist. According to a recent study, worries over risks of privacy and security continue to be problematic. Among the main issues appears to be the lack of global consistency in terms of mobile security standards. A study conducted by the Center for Software and … Read entire article »

Filed under: Featured News, Mobile Commerce Security, Mobile Payments

QR code con culprits identified in China

QR code con culprits identified in China

Two men are accused of being behind the fake bike rental quick response codes. A massive QR code con is underway in China, scamming bicycle renters out of their money. As was recently reported by QR Code Press, the quick response codes played a central role in causing consumers to pay into the wrong bank account as they attempted to rent a bike. Two men have now been arrested after being accused of pasting fake QR codes … Read entire article »

Filed under: Featured News, Mobile Commerce Security, QR Codes

WhatsApp security gets a boost with newly introduced patch

WhatsApp security gets a boost with newly introduced patch

The messaging app’s vulnerabilities had been exposing users to having their accounts hijacked. Encrypted messaging service Telegram and WhatsApp security has now improved as patches correct detected vulnerabilities. The problems were leaving users open to having their accounts taken over, including providing access to photos and videos, personal and group conversations, and other types of files. The vulnerabilities were recently identified and revealed b here different Check Point Software Technologies researchers. The researchers were: Roman Zaikin, Eran Vaknin … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Commerce Security