Category: Mobile Security

Mobile security app partnership opens between SAP and Ericsson

This new deal between the two companies was first revealed by SAP’s chief executive at the CTIA 2014.

SAP has now announced its new partnership with Ericsson for the purpose of being able to create an open mobile security platform that will be both effective and device friendly, according to Bill McDermott, the CEO of SAP, who spoke in Las Vegas at the CTIA 2014.

McDermott explained that this type of business friendly application has now become vital.

He explained that it was very important for enterprises to form mobile apps that are business friendly and that boost and simplify productivity. It is key for apps to function and scale with operating systems as companies need to turn any device, no matter where it is, into a gadget that can be productive and that will have adequate mobile security.

SAP feels that proper function and mobile security are critical features for enterprise apps.

Mobile Security PartnershipMcDermott pointed out that “SAP remains device agnostic.” He added “Because betting against consumer choice is a fool’s bet.” As a component of the partnership that SAP has formed with Ericsson, the German software giant’s Enterprise Mobility Management (EMM) software is going to be hosted on the Ericsson Cloud. This choice was made to make it simpler for mobile operators to be able to address any tablet and smartphone security issues that could occur.

The cloud based SAP Mobile Secure solutions will be offered by Ericsson to over 400 different mobile network operators. As McDermott spoke at the event, he made reference to Samsung as another part of this deal. However, a spokesperson from SAP later clarified that the CEO had only been combining the announcement of the partnership with Ericsson with another separate partnership that had been made between SAP and Samsung, which had already been announced the week beforehand.

It seems that the partnership to which McDermott had actually been referring when he went on to mention the Samsung brand was not this latest mobile security effort, but was a separate agreement in which Samsung is now starting to test and operate SAP mobile apps on their tablet product, called the Galaxy Tab Active. This, according to the SAP head of products and innovation PR, Susan Miller.

Visa aims to bring more security to mobile commerce

Visa announces the launch of its new Token Service

Visa has announced that it has launched its Token Service. The service is meant to drive innovation in the mobile commerce field while also introducing more security to digital payments. The service replaces valuable financial information with digital tokens, which have the ability to authenticate mobile transactions. Security is one of the most significant challenges facing the mobile commerce space currently and Visa has been taking steps to address this issue in recent years.

Storing financial information on a mobile device can be risky

When it comes to mobile payments, a consumer’s financial information is often stored on a mobile device. This information can be stored on a digital wallet platform or a payment service. The problem with this is that this information can be accessed whenever such a platform is exploited. Malicious groups often target mobile commerce services in order to obtain such information. Visa’s Token Service may resolve this issue by removing the need to store financial information on a mobile device completely.

Token Service removes the need to store financial information

Mobile Security - VisaThe Token Service is designed to replace a consumer’s financial information with digital tokens. These tokens do not contain a consumer’s information, but can still be used to facilitate a mobile payment. The tokens can be stored by merchants and not just consumers as well. This means that consumers can shop at their favorite online stores and make purchases from their mobile devices without having to input any valuable financial information.

New service is meant to bring more convenience and security to the mobile commerce field

Visa’s Token Service will only be available in the U.S. until early 2015. Next year, Visa plans to introduce the service to several other countries where mobile and e-commerce are thriving. The service is designed to further improve the attractiveness of mobile shopping and payments by highlighting security and convenience. Mobile commerce has thrived due to its convenient nature, but there are relatively few security solutions that have made consumers comfortable with paying for products from their mobile devices.