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2012 Mobile Security: Android and IPhone are Attractive Fraud Targets in $20B Mobile Payments Market

TMCNet:  2012 Mobile Security: Android and IPhone are Attractive Fraud Targets in $20B Mobile Payments Market

[January 03, 2013]

2012 Mobile Security: Android and IPhone are Attractive Fraud Targets in $20B Mobile Payments Market

(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/gh47fc/2012_mobile) has announced the addition of Javelin Strategy & Research's new report "2012 Mobile Security: Android and IPhone are Attractive Fraud Targets in $20B Mobile Payments Market" to their offering.

Smartphone security is an increasing concern as mobile malware multiplies exponentially, and Android's open source platform continues to gain market share over iOS. While most malware has so far targeted Android, which has the largest installed base of users, iOS remains a valuable, if elusive, mark for hackersiOS users spend more individually and have greater deposits on average than Android users. All smartphone owners demonstrate cautious attitudes and willingness to protect their mobile devices from threats. However their risky behaviors demonstrate a disconnect between intention and know-how. Financial institutions, card issuers, mobile wallet providers, and merchants have a number of options for providing a secure user experience.

Primary Questions - What is the size of the market for different Smartphone platforms - What is the volume of mobile payments made through the browser and app for each OS - What are the primary threats facing smartphone purchasers - What are the major vulnerabilities of each operating system - What can financial institutions, card issuers, mobile wallet providers, merchants, and consumers do to protect personal and payment information on the mobile device Companies Mentioned - Apple - Microsoft - AT&T - RIM - Google - Square - LevelUp - Trend Micro For more information visit http://www.researchandmarkets.com/research/gh47fc/2012_mobile Source: Javelin Strategy & Research CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Banking (http://www.researchandmarkets.com/categories.asp cat_id=52&campaign_id=gh47fc), Wireless (http://www.researchandmarkets.com/categories.asp cat_id=93&campaign_id=gh47fc), Handsets and Mobile Devices (http://www.researchandmarkets.com/categories.asp cat_id=220&campaign_id=gh47fc), Online Banking (http://www.researchandmarkets.com/categories.asp cat_id=313&campaign_id=gh47fc) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

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