Smartphones Lack Security as Mobile Shopping Grows: Tripwire
A surprising number of consumers are associating insecure mobile devices with their financial info, which can make them easier targets for cyber-crime.Nearly two-thirds of U.S. consumers (59 percent) and U.K. consumers (65 percent) have no security software on their mobile devices, according to a report from security and compliance management solutions specialist Tripwire. Conducted by Dimensional Research and OnePoll on behalf of Tripwire, the survey of 1,400 consumers in the two countries found 32 percent of U.S. respondents link their credit cards or bank account information to their mobile devices. "Two forces are colliding to threaten both personal financial information and corporate data on mobile devices," Dwayne Melancon, chief technology officer for Tripwire, said in a statement. "First, a surprising number of consumers are associating insecure mobile devices with their bank accounts or credit cards, which can make them easier targets for fraud and cyber-crime. Second, many of those same consumers are storing sensitive corporate data on the same insecure mobile devices." Among the U.S. respondents with corporate data on their mobile devices, only 56 percent had security software installed, the survey revealed, suggesting American consumers are leaving themselves in a very vulnerable position, especially in the thick of the holiday shopping season.
"Both of these risks could be significantly reduced by running up-to-date security software on the mobile devices," Melancon continued. "Unfortunately, this survey indicates that consumers are not installing this software and corporations are not enforcing security configuration policies on mobile devices, leaving consumers and businesses at risk. I suspect it will take a serious security incident to drive significant changes in these areas."