BRUSSELS--Mobile phones have become such personal devices that some would rather share a toothbrush than a handset. But as our attachment to our cell phones increases, so too does consumer concern about data privacy and security.
After all, our phones are well on their way to becoming not just a communication device but also a wallet.
A recent survey by Mobio Identity Systems found that 94% of potential users would happily move to mobile payments if they knew the system was secure.
Proponents of NFC and many industry analysts, however, have long argued that phones are actually far more safe than real physical wallets or document holders, with the cell's SIM card able to hold cryptographic keys to ensure secure transactions.
So just how secure are mobile phones? We hit MWC to find out. Check out the video below:
I rarely keep everything in my wallet and would cringe if that was lost. I can't imagine that the phone is any more secure, hackers will figure out a way to get in. On the other hand, it should be possible for a "lost" phone to be erased by the cell phone company (I am sure for a fee). That would be a nice option to have for security.