Latest

Mobile security threats are growing and evolving

Predictions consistently forecast a massive increase in problems of this nature for smartphones and tablets.

The latest forecasts regarding mobile security threats in 2014 have indicated that clickjacking, watering hole attacks, and other threats over smartphones and tablets will continue to grow in the danger that they will present.

Cyber criminals are increasingly expanding the focus of their attacks to a broader range of technologies.

According to Trend Micro, these cyber criminals are tucking themselves away in the Deep Web and are using much more sophisticated and targeted attack campaigns. This firm, which is an expert in internet and mobile security threats, has made its predictions for this year and has released them in its web video project which was entitled “2020: the Series”. This looked not only at this year but at the problems that will be faced right through to the end of this decade.

According to the firm, this year will already be a considerable one for mobile security threats.

Mobile Security Threats on the RiseThe CTO of Trend Micro, Raimund Genes, has explained that 2014 will be a “prolific year for cybercrime”. This will have an impact on individuals, businesses, and even governments. Among the most common techniques are likely to be spear phishing, open source research. These are forecasted to experience a large amount of growth this year, particularly as best practice knowledge is shared throughout the cyber criminal community.

Two of the most problematic areas in smartphone and tablet use will be in dangers in mobile banking and in targeted attacks. The report indicated that the traditional two-step verification will no longer be enough to ensure that the user remains protected.

Other forms of attack that are likely to continue to take off are malicious apps as well as man-in-the-middle attacks. These are likely to be problematic for both individual consumers and corporate users of smartphones.

The vice president of security research Trend Micro, Rik Ferguson, spoke of this trend in mobile security threats, saying that “Technology advances only more rapidly and attackers are consistently just behind the crest of that innovation, waiting for widespread consumer adoption of new gadgets, new platforms or new ways of doing things.”

Zynga announces support of Bitcoin

Bitcoin could be used to pay for mobile games

Bitcoin is gaining ground as more companies take this form of digital currency more seriously. Mobile games developer Zynga is one of the companies that has recently announced its interest in Bitcoin. The company has announced that it will be conducting a payment test with Bitcoin as the major focus. The developer has teamed with BitPay, a Bitcoin service provider, and the two companies will be working to examine the possible uses of Bitcoin in mobile games.

Bitcoin popularity continues to rise

The current market value of Bitcoin stands at approximately $1,000. The value of the digital currency spiked after Zynga made its announcement. Bitcoin is notoriously volatile, however, as it is not regulated by any government or financial organization. As such, the value of Bitcoin can drop dramatically at any given time, or skyrocket depending on certain factors. A company like Zynga announcing its support for the digital currency, for example, can help the currency become more valuable.

In-game payments remain a focus of Zynga

Mobile Games - Zynga and BitcoinThe payment test will focus on Zynga’s mobile games, many of which are already quite popular with consumers. These games tend to include microtransactions, small payments that can be made to unlock additional content or new features in a mobile game. In-game purchases are quite common in mobile gaming, but relatively unpopular among consumers. Indeed, Zynga’s aggressive use of in-game purchases caused many people to abandon the company’s games, seeking out less expensive and more inclusive mobile games.

Volatility of Bitcoin may make it unpopular in gaming

Zynga is requesting that gamers provide feedback for its payment test. This feedback will be used to formulate a more cohesive payment strategy for the developer’s current and future games. Zynga has issued its support for Bitcoin because of the currency’s dramatic rise in popularity. The volatility of the currency may not win it any fans among consumers, however.