Tag: mobile commerce security

Axiom sets sights on security for mobile payments and beyond

Axiom Telecom, one of the largest telecommunications companies in the Middle East, has announced an exclusive partnership with NQ Mobile, a leading developer of security software. Through this partnership, Axiom aims to provide more protection to its Android customers, especially when it comes to the issue of mobile payments. Mobile payments are growing in popularity in the Middle East, especially among affluent consumers in the United Arab Emirates. Security, however, is a major concern for many as their financial information could be at risk of theft and exploitation.

NQ Mobile Security available to Axiom Android customers

Through this new partnership, Axiom Android customers will be able to take advantage of NQ Mobile Security, one of NQ Mobile’s most popular security offerings. This security suite will come pre-loaded on all new Android devices sold by Axiom. Consumers that already have Android devices through Axiom will be able to access the security suite in order to protect their mobile devices from the various threats that exist in the digital world. The suite protects a mobile device against malware, spyware, phishing attempts, viruses, hacking, and other threats that could access a consumer’s information.

Mobile payments continue to face significant threats

As mobile payments become more common, the threats that exist in the digital world are becoming more pronounced. These threats are gaining more attention because of the dangers they pose to a consumer’s financial information. NQ Mobile notes that the number of threats specifically targeting the mobile commerce sector is on the rise and that there is no sign of these threats diminishing any time soon. In order to protect a user’s financial information, the NQ Mobile Security suite also features an anti-theft and anti-loss service. This service will locate, lock, and terminate the digital information that is stored on a mobile device if it is reported as lost or stolen. The device will also sound an alarm in order to signal that it has been stolen.

Axiom seeks to spread awareness of mobile security

Axiom is working to bring more security to the mobile world. Awareness concerning mobile security, especially in regards to mobile payments, is somewhat lacking in the mobile space. Axiom is hoping to address this issue through awareness and by making robust security solutions more available to consumers.

According to the recent study, the attacks on smartphones with this operating systems are rapidly rising.

NQ Mobile security solutions company has just released a report that has shown that the number of malware attacks that are occurring on devices that are based on the Android operating system significantly increased in 2012.

The report was issued on Monday and underlined the importance of smartphone protections against attacks.

The report drew attention to the fact that as the operating system becomes increasingly popular, so do the attempts to infect it from those with unethical intentions. It urged consumers using smartphones to become aware of the risks of using mobile security devices and to alter their behaviors in order to protect themselves against attacks.

The mobile security report showed that the popularity of Android does make it a malware target.

As a whole, the number of mobile security attacks that were recorded on Android smartphones were recorded to have doubled from 2011 to 2012. According to the authors of the report, this has made these devices among the most profitable cybercriminal trends. Last year the most commonly used techniques of this nature were phishing and smishing, which are those that are used in an attempt to gain use of the personal and/or financial information of the users.

Among the primary mobile security results that were noted by the report include:

• An increase of 163 percent in the instance of malware, as 65,227 new malware pieces were discovered last year, when compared to 24,794 which were discovered the year before.
• A specific target of malware of 94.8 percent toward Android devices last year. Comparatively, only 4 percent of these harmful attacks were geared specifically toward Symbian based devices.
• Of all of the mobile security malware that was discovered last year, 28 percent had been designed for the specific intention of obtaining personal and financial data from users for the purpose of profit for the attacker.

This mobile security report has supported the results of other studies that are revealing that there is a rapidly growing trend of malware issues on smartphones, as their popularity continues to grow worldwide.