Category: Mobile Security

The country feels that this behavior could lead “state secrets” to be revealed to spies.

The ever growing disagreement regarding mobile security and American spying activities in China has now risen to a new level as Apple has been roped into the battle, with the iPhone being branded as a national security threat by state television media.

This announcement has arrived only a small handful of months after an iPhone deal with China Mobile.

Recently, a U.S. technology group entered into a deal with China Mobile to supply that company with iPhones. China Mobile is currently the largest phone company on the globe and this accomplishment was considered to be a critical step forward in Apple’s efforts to break into the Chinese marketplace of one billion smartphone users in a more meaningful way. However, online and mobile security have become a growing source of tension between the country and the United States and now it looks as though the success of this deal may be threatened.

CCTV has added this mobile security statement to the growing pile of criticisms of brands from outside the country.

This announcement arrived in the same week that China and the United States brought high level trade talks to a conclusion and were able to take only the slightest progress in updating an agreement that was already a year and a half old regarding the $2 trillion in annual trade of high tech products.

The state broadcaster in China, CCTV, has been steadily boosting its aggression when it comes to the criticism that it has been laying down against brands from other countries. Its latest accusation was regarding the ability of the iPhone to track its user through its geolocation and positioning tech, as well as having the ability to “view the user’s home address, unit information and whereabouts.”

The report from the broadcaster suggested that some of the information released by Edward Snowden, the former contractor from the National Security Agency (NSA) had shown that some of the data that Apple collected through its smartphones was passed on to advertisers as well as American spy agencies. The broadcaster went on to say that this mobile security issue went even deeper because the data could still be recorded regardless of whether the feature was turned on, placing “state secrets” at risk along with this “sensitive” information.

Boleto reports that it has been compromised by malicious attack

Brazil’s mobile payments platform Boleto has announced that it has been hacked. The platform is the most popular of its kind in all of Brazil, which has made it a target for malicious groups seeking to exploit financial information. The attack has brought more attention to the issue of mobile commerce security and could have a major impact on whether or not people will participate in mobile commerce in the future.

Some $4 billion has been stolen from Boleto

Boleto notes that the hack occurred over a two year period, with some 500,000 transactions being compromised over that timeframe. An estimated $4 billion in mobile payments has been stolen as the result of the attack. It is still unclear whether or not all of the money involved in the attack has been obtained by the parties involved. Some of the funds may be caught in a sort of digital limbo, waiting to be accessed at a later point in time.

It may take time before money is returned to those affected by the attack

Boleto users were tricked into clicking malicious links sent via email as part of phishing ploys. These links were delivered to several thousand consumers that make use of Boleto somewhat regularly. The attack may affect people’s trust in the platform and in mobile commerce in general. Those affected by the attack may have their money returned, but it could take a significant amount of time for the issue to be adequately resolved.

Mobile commerce security is again thrust into the limelight

Mobile commerce security is an important matter that has yet to see any significant attention from consumers. Platforms like Boleto take steps to ensure the security of the financial information that they are responsible for, but few consumers take the time to ensure that they are adequately protected. Without taking steps to protect themselves, consumers could be exposed to inordinate risks to their financial information. High profile attacks, such as those that have recently targeted prominent mobile platforms and retailers, may be enough to encourage consumers to take security more seriously.