mobile phone security software Archives

Norton Labs launches new QR code scanner that can protect from malicious content

04/02/2012 Stephen Vagus

QR codes have not only become popular amongst businesses, they have also become a very useful tool for hackers. The codes have piqued the interest of smart phone users in the U.S. for the last four years, becoming more popular with each successive year. Hackers have seen this rise in popularity as a great opportunity to get their hands on people’s sensitive information. Recently, QR codes linked to malicious content, such as malware, have been becoming more common. Acclaimed security company Norton has released a new QR code scanning application…

Cryptomathic creates mobile wallet application that uses cloud computing as a security measure

03/10/201203/10/2012 Sam Lambert

In the world of mobile commerce, security is a serious issue. Many companies have begun investing and creating mobile applications that make mobile commerce possible. None, however, have been able to make an application that is adequately secure from hacking. Even acclaimed technology company Google has failed to provide a resilient service. Cryptomathic, an electronic security firm, now claims that is has created the first secure mobile wallet platform. The company recently released the application to consumers worldwide. The application, called Cloud Wallet, uses cloud computing as a way to…

Researchers create technology that can turn a credit card on and off

02/20/2012 Stephen Vagus

Mobile security payments online retail card

With news of Google Wallet not being as safe as it should have been, many consumers are expressing concern over adopting mobile commerce. While telecommunications and technology companies are quick to assure consumers that mobile payment applications will be safe in the future, financial institutions are taking these concerns quite seriously. Many credit companies are working to move away from traditional magnetic strips for their payment cards. In an attempt to modernize commerce, these institutions are beginning to adopt NFC technology. They are also looking to researchers from the Pittsburgh…

Google Wallet security compromised with the use of simple brute force programs

02/10/2012 Stephen Vagus

Google’s ambitious endeavor to become a major force in the emerging industry of mobile commerce has been going well. The company’s Google Wallet mobile payment application has been well received amongst consumers with NFC-enabled smart phones. There may be a problem, however, with the security of Google’s system. The acclaimed technology company has been adamant in their claims that NFC transactions with Google Wallet are entirely safe, as the application boasts of a number of high-end security features. It seems that Google did not account for hackers using brute force…

Trends in banking technology that will be important to the mobile environment this year

01/07/2012 John Montgallo

As budgets for IT begin their rebound, Bank Systems and Technology (BS&T) has created a list of the trends that they expect will shape the way the bank technology industry will look over the next year and beyond. Over the last few years, the budgets for bank IT have remained essentially flat. As the financial and economic crisis took hold, the industry saw an overall tightening of belts. However, 2011, brought the first signs of an ease to that strain on bank IT executives, as they began to see some…