Next year will open up a world of mobile security issues

mobile security smartphone kill switch

Mobile devices such as tablets and smartphones have become the primary form of technology among Americans, and it will become even more important in the years to come. It has been forecasted by analysts in the industry that by the year 2015, there will be over 1 billion mobile device shipments, well beyond what PC shipments can ever hope to achieve. While this does offer a great deal of potential for individuals to benefit, it doesn’t come without a significant level of risk. Naturally, the increased availability and use of…

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Electronic pickpocketing may be a major risk for NFC-enabled mobile devices

Mobile Security

As more major financial and technology companies investing in near-field communication (NFC), mobile commerce may soon become a major part of the worldwide society. With commerce evolving, new dangers are being discovered that put people’s money at risk. NFC technology, essentially, transforms any smart phone into a mobile payment device by enabling that mobile device to store its owner’s financial information. Smart phones are popular targets for theft, but today’s criminals are adapting to a new world where technology has become a significant force. Pickpocketing has existed since time immemorial…

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NFC-driven mobile commerce may be the future, but may also be unsafe

Mobile Security threats

Mobility seems to be the future of commerce. For several years now, electronic commerce has been growing into a formidable force in the world of business. With companies like Amazon and eBay catering almost exclusively to digital consumers, the viability of electronic commerce has become an unavoidable part of the business world. The world of commerce is currently in a state of flux thanks to the rapid advance of mobile technology. With more consumers encapsulating their lives in their smart phones, the prospect of NFC-powered payments via a mobile device…

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Cloud based fraud detection flying high for mobile users safety

Cloud Based Fraud Company

An emerging provider of fraud prevention solutions in cloud based services did a joint study to see how customers felt about sharing their mobile location with a company. Over half of the consumers interviewed stated they were willing to share the information, if it meant being better protected from online fraud activities. The majority preferred sharing their info with banks, and reputable third party security monitors came in second. ThreatMetrix is a growing business that provides cloud based fraud prevention platforms to help online companies to verify new accounts, authorize…

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