Tag: mobile security news

Mobile security may not be the biggest concern in the digital commerce field

Mobile security threats may not be as serious in the mobile payments space as they seem

Security has become a major concern in the mobile commerce space, but security firm Kaspersky Labs suggest that security may not be as big of a problem as some would claim. The firm notes that there has been a significant increase in the prevalence of mobile malware, especially in the banking sector. The security issues that exist in the mobile payments space, however, are still “fairly minimal,” suggesting that mobile commerce may be a much safer space than some believe it to be.

Mobile payments are not exposed to the same security threats as the banking sector

Kaspersky Labs notes that consumers participating in mobile commerce are not experiencing the same risks as those that are on traditional devices, such as laptops or desktop computers. This has to do with the relative youth of the mobile commerce sector. Because this sector is still in a state of infancy, malicious software has not yet had an opportunity to thrive therein. By comparison, the banking sector is quite old and has been involved in the technology space for several years now and this time has allowed malicious groups to focus their efforts on certain vulnerable areas.

New trends are emerging that could compromise mobile security

Mobile Commerce and Mobile SecurityWhile mobile payments may not be exposed to serious risks, there are still dangerous trends emerging in this space. Phishing Trojans are becoming more common in the mobile space. These malicious programs are designed to obtain the personal information of their targets, gaining access to bank accounts and exploiting other financial information. Such programs are likely to become more common and more sophisticated as the mobile commerce space matures.

Consumers can take steps to protect themselves and their important information

Consumers can keep themselves and their information safe through a variety of measures. Using anti-virus applications from reputable organizations, such as Kaspersky Labs, can help people protect themselves from malware. The increasing prevalence of biometric technology may also introduce more security to the mobile commerce space. This technology leverages biological information, such as a fingerprint, to protect a mobile device.

Mobile security may need more attention in 2015

Mobile security could be put to the test next year as digital threats increase

The past year has been somewhat turbulent in terms of security. Throughout 2014, major security breaches have become headline news and high-profile cyber attacks have highlighted a lack of security that exists in the business world, particularly when it comes to mobile technology. Mobile security is something that receives relatively little attention from consumers, but as more cyber attacks attract attention, many people may be ready to take steps to protect their mobile devices, especially if they are participating in mobile commerce.

High-profile cyber attacks highlight issues regarding mobile security

Large companies like Home Depot, JPMorgan, Target, and Sony have been hit by major cyber attacks over the past year. Hackers managed to steal millions of credit and debit card numbers from these companies, as well as other consumer information. In some cases, malicious parties were able to exploit the lackluster security of mobile services that these companies had been using. As such, the dangers that exist in the mobile commerce space have attracted more attention.

Phishing and malicious software is becoming more common

Online Mobile SecurityIn the coming year, security issues may become more pronounced. According to the Information Security Forum, the problem of mobile phishing is becoming more severe. The organization notes that it has seen a rise in the number of fake emails that alleged to be from companies like Amazon. These emails had sought to gain access to consumer shopping accounts, exploiting these accounts financially. The organization also warns that the number of free-to-use and free-to-modify software could create serious problems for mobile consumers.

Security threats may grow more pronounced, especially in the mobile commerce space

As mobile commerce grows more popular, consumers are having to take security more seriously. Because mobile commerce deals in the trafficking of financial information, it has become an attractive target for those that want to exploit such information. The number of cyber attacks is not expected to go down in 2015, so consumers may have to be more aggressive with their own protection.