Tag: mobile commerce security

Samsung Ventures announces backing of Fixmo

Samsung Ventures, the investment branch of the massive South Korean Samsung Group, has thrown its support behind Fixmo, a developer of mobile software. Fixmo has a very acute focus on the realm of mobile security. The company typically caters to enterprises and government clients, offering a variety of risk management and security tools for mobile devices. Samsung Ventures believes that the company holds a great deal of promise, especially as the world becomes more reliant on mobile technology.

Mobile security continues to attract attention of large companies

Mobile security has become a very serious issue across a variety of industries and channels. Consumers are becoming more reliant on their smart phones and tablets to function in their daily lives. Phenomena like mobile commerce are great examples as to how mobile technology is beginning to play a more important role throughout the world. Because consumers have a tendency to share or store very valuable information on their smart phones and tablets, these devices have also become prime targets for hackers and anyone interested in exploiting this information for some form of gain.

Investments will help Fixmo with research and development

Fixmo notes that the investments coming from Samsung Ventures will help the company continue its research and development projects. Samsung has been working to get more involved in the mobile security space recently, especially where it concerns enterprise. The company is not the only one showing interest in Fixmo, however. Last year, Motorola also partnered with Fixmo in order to get more involved with mobile security and help make progress in this particular field.

Samsung may be looking to compete with RIM for enterprises

Samsung may be strategically positioning itself to compete with one of the largest companies that has made several breakthroughs in the field of mobile security: Research In Motion (RIM). RIM is gearing up for the release of the BlackBerry 10, which is expected to be one of the most popular mobile devices for enterprises around the world. The BlackBerry platform has long catered to enterprise clients and offers a variety of security features that make it more viable than mobile devices coming from other companies.

This proposed regulation would allow smartphone users to ask apps to delete their information.

U.S. Representative Hank Johnson (D-Georgia) has proposed mobile security legislation that would make it possible for smartphone users to be able to request that apps cease the collection of their personal data, and that they delete information that has been previously collected about them.

The American lawmaker has released a discussion draft for the change to the current law.

The release was made regarding the Application Privacy, Protection, and Security Act. This proposed bill would require mobile security measures to be taken by all apps, in that they must provide their users with notice about the data that they collect, and they must receive consent from those users before they will be permitted to collect any personal information.

This mobile security proposal would also allow the users to control the information being collected or held.

Beyond simply requiring permission to collect the personal information in the first place, this mobile security measure would also make it possible for users of apps to be able to tell the developer that they will no longer be using the app and that they wish the collection of their information to stop. This would mean that the developers would not only need to cease the collection of the data, and would also have to delete any personal data that has already been collected “to the extent practicable”, said the discussion draft.

Rep. Johnson used the AppRights.us website in order to solicit ideas for the mobile security and privacy bill that he wanted to propose. The website was initially launched in July 2012. He explained in a statement that “Because the majority of the feedback that we received on AppRights expressed strong support for user control, transparency, and security, we incorporated these principles into the bill.”

He also added that “Many of you also told us that simple mechanisms are important to protecting your privacy on mobile devices.” He went on to say that after he had heard the concerns that were raised, he was able to write provisions that would address them in a way that would provide increased mobile security, without threatening the integrity or functionality of the “apps that you love.”