Author: Denny

Mobile security protection increases from carriers

| January 13, 2014

The giants around the world are now giving their efforts to combat threats and spam a boost.

According to the results of a recent mobile security protection forecast report from Infonetics Research, there will be a number of new efforts put into place in order to help to do battle with the increasing amount of spam and number of threats from unethical marketers and cyber criminals.

The report has provided tracking of SMS and multimedia messaging service (MMS) security gateways.

According to the Infonetics Research principal analyst for security, Jeff Wilson, the popularity of the use of SMS and MMS has increased considerably over the last ten years. However, it is only just now that carriers around the world are starting to pay attention to mobile security protection and the deployment of SMS and MMS security gateway solutions. He said that these giants have been “forced by economic, regulatory, and attack conditions.”

The mobile security protection trend is also a response to growing regulatory pressure.

Mobile security protectionWilson also pointed out that major carriers within specific regions are looking at solutions for this purpose. As an example, he pointed out the adoption of Cloudmark/TeleDNA which was recently deployed in India.

Among the other points that were published in the report are as follows:

• Approximately 10 trillion SMS and MMS messages are sent each year. This presents a broadening opportunity for cyber criminals to hack and send spam.
• Carriers are boosting their mobile security protection spending on gateway solutions that are meant to stop spam and threats in SMS/MMS.
• Throughout the length of 2013, it is believed that there was a 70 percent increase in the size of the SMS/MMS security market when compared to 2012, bringing it to $70 million.
• AdaptiveMobile and Cloudmark have become the current leaders in revenue within this specific market space.
• This year will be bringing consolidation within the industry for SMS/MMS security gateways. This will bring focus to the different players that already exist as well as those entering into the space, and will be built on a foundation supported by major networking/telecom equipment suppliers.

Mobile payments trends study shows increase in usage

| January 8, 2014

The research, conducted by E-Complish, showed that there was a considerable 215 percent rise.

According to the recently released results of research from E-Complish, some of the most important mobile payments trends that have been observed include a major rise in the number of inquiries and transactions.

The firm went over the data that was available regarding the use of this technology over the last two years.

What E-Complish determined in their mobile payments trends study as that there has been an incrase of 215 percent in the use of this technology in 2013 when compared to the usage that was recorded in 2012. The company also noted that they had seen more than 30,000 transactions and that they had recorded processing over $4,500,000 by that date. Comparatively, in 2012, they had seen only 10,000 transactions and their total processing figure was only $1,500,000.

The company has stated that they have every reason to believe that these mobile payments trends will continue.

Mobile Payments UsageThey feel that as consumers are coming to depend on their smartphones for a growing number of daily tasks, including for business purposes and for their banking, they will become increasingly willing and interested in using those same devices to pay for their purchases of products and services. Moreover, a growing number of companies have also started to integrate this form of transaction into those that they offer as the technology works more smoothly into their business models through its simplicity and accessibility.

The E-Complish results showed that customers are using smartphone friendly systems for a wide variety of different purposes, ranging from shopping apps, to personal finance apps, or even the option to pay for services through text messages.

Stephen Price, who founded the company in 1998, has had a careful watch over the mobile payments trends regarding implementation and processing among a range of different types of businesses. He pointed out that efficiency is the primary goal of the company when it comes to the use of the technology. He added that this tech fits into a “diverse range of business models. They’re easily adaptable, and this data proves their versatility.”