Category: Featured News

Australia is seeing more cyber attacks as mobile commerce flourishes

Cyber attacks growing more common in Australia and other countries

Cyber attacks are becoming more frequent in Australia as mobile usage continues to grow throughout the country. With mobile devices becoming more common, so too is mobile commerce. According to a new report from ThreatMetrix, mobile devices now account for 31% of all transactions made in the country. This has made Australia a very attractive target for malicious groups that would like to take advantage of consumers and businesses that are involved in mobile commerce.

Mobile commerce has become an attractive target for malicious groups

The report from ThreatMetrix shows that Australia is in the top 10 countries around the world when it comes to cyber attacks and serious security threats. Targeted attacks are becoming much more prevalent in the country, as consumers are finding themselves increasingly exposed to cyber attacks when they participate in mobile commerce. The report notes that digital identities are now a form of global currency, as a person’s identity has a significant amount of financial data associated with it.

Growing number of transactions are proven to be fraudulent

Mobile Commerce - Cyber SecurityThreatMetrix has monitored many mobile payments made in Australia and other countries. Approximately 20% of the transactions that the organization monitored were payment related, with 3.1% of these mobile payments being flagged as representing malicious attack traffic. The company’s report shows that an estimated 3.1% of account creation on mobile commerce platforms was fraudulent as well. The growing use of mobile applications is being linked to the rise in security threats and cyber attacks in the mobile commerce space as well as others.

Security issues are a concern for consumers, but mobile commerce continues to grow in Australia and elsewhere

Security concerns have plagued the mobile commerce space for some time. These concerns have prevented many consumers from using their mobile devices to purchase products either online or in physical stores. Despite the security concerns, however, mobile commerce continues to grow and companies involved in this space have been investing in improved security and the use of new technology that can protect consumer financial information.

Apple Watch wearers aren’t worried about battery life

A recent survey has revealed that owners of the smartwatch feel that this is not a concerning issue.

The Apple Watch has a tiny battery of only 205 mAh that had caused many in the industry to predict that the short battery life of the device would be a pain for wearers and that it might turn them off purchasing future generations.

However, a recent survey has shown that owners seem to be just fine with the daily charging.

The battery life survey was conducted by Wristly, and it found that even though Apple Watch wearers get only one day out of their devices before they need to recharge, they seem to be fine with that. In fact, most expressed that they are quite unconcerned about running out of juice before the day is through. The survey involved the participation of more than 1,200 Apple Watch wearers. What they discovered was that nearly half – 44 percent – of users never check their battery level throughout the day.

A massive 95 percent of Apple Watch users said that their device battery life is a full day.

Apple Watch - Battery LifeAnother 84 percent of the smartwatch’s owners said that they were satisfied with the length of time that the battery would last before it would need to be recharged. The primary drain on the battery in this gadget is one of the central Apple Watch features: fitness tracking.

Approximately 45 percent of the participants in the Wristly survey felt that the health features of the smartwatch were those that caused the largest drain on the device battery. Another 19 percent of the respondents said that Maps was the largest drain on their wearables.

What was also interesting was that 88 percent of Apple Watch users said that they charged their smartwatches “at night, no matter what percentage is showing.” This not only implies that the device seemed to run for as long as they needed it during the day, but also that the gadgets were being taken off and charged overnight while their owners were sleeping.

Still, when asked about how satisfied they were with the charging time of the Apple Watch, only 66 percent said that they were “highly satisfied”. The survey didn’t cover the number of wearers that relied on external battery chargers such as portable power banks in order to recharge their devices.