News & Analysis
Video: analysts, companies grapple with mobile security issues
Sylvie Barak
3/7/2012 10:55 AM EST
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:
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chanj
3/7/2012 11:56 AM EST
The risk of losing a phone may be the same of losing the wallet. Nonetheless, technology shall help us to minimize the impact if our phone is lost. Better off, it shall help us to re-locate it.
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chanj
3/7/2012 12:00 PM EST
Putting everything into 1 place may be convenience. Yet, it imposes some concerns. Would you prefer to have everything in your wallet today be in your smartphone tomorrow? If not, what's your concern?
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Robotics Developer
3/8/2012 6:28 PM EST
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.
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