QR codes leaking personal information in China

Indentity Theft

Since the emergence of QR codes into the international limelight, there have been issues regarding security. It is becoming more apparent that the codes can be used to exploit the curiosity of those who may not be familiar with them. The scanning of codes linked to malicious content, such as viruses, can put a mobile user’s private information at risk. However, the codes posing risks to privacy are not always so clear to identify. China has recently enjoyed the successful launch of their new bullet trains. The trains are fast…

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Report shows mobile payments open consumers to fraud risk

Future of Mobile Payments

According to study results from Gartner research company, Neural Technologies, and others, mobile payments will expose consumers to a significant risk of fraud. That said, mobile payment remains among the most rapidly growing and exciting new technological developments, and it is expected to take off in the very near future. In fact, according to the predictions of Gartner, by 2014, the worldwide value of mobile payment services will be $245 billion. However, along with the growth of the use of the service, the risk of fraud will also rise. It…

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