Retailers saw two times more security breaches involving mobile devices between 2017 and 2018. A recent study published by the Verizon Mobile Security Index has revealed retail mobile security breaches are increasing. According to the study, 31% of retail respondents said they experienced a mobile compromise last year (2018), which is notably higher from the 16% reported in 2017. More than half of these security breaches were considered major. Over half (54%) of these retail mobile security compromises were considered major. Moreover, 27% had long-term repercussions. The study found that…
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Mobile security is inadequate among American devices
This, despite the fact that the average person in the United States does fear having gadgets hacked. The vast majority of people in the United States – that is, 69 percent – fee that a mobile security breach that caused their personal information to be stolen is something that is inevitable in their lifetimes, says a report issued by Citrix. That said, even though they feel that their odds of being hacked are high, their smartphones are primarily unprotected. Even though there have been some very high profile cyber attacks…
Read MoreTarget breach did not include mobile security
Security breach may highlight value of mobile commerce Leading retailer Target has fallen victim to a major security breach that may have compromised the financial information of some 40 million people. The retailer has confirmed that it suffered a security breach during the last month of November that carried into early December. The breach may have begun on Black Friday, when consumers flocked to Target stores to take advantage of special deals that the retailer was offering. Notably, the security breach may actually be good news for mobile commerce. Hackers…
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