PayNET recruitment - Bringing Payment Jobs and Candidates Together
Candidate Job Search

McAfee Research - Serious Consumer Concerns

Published on 10 March 2008
McAfee research reveals consumer concern

McAfee has released findings from new research that reveals that almost three out of four mobile consumers (72%) are concerned about the security of todays and tomorrow's mobile services, such as mobile multimedia downloads, m-payments and m-ticketing.

The McAfee Mobile Security Report 2008 discusses in detail users' experiences of traditional and emerging mobile services and their awareness and perceptions of mobile security issues.

Other key findings revealed show that:
• 86% of users are worried about security risks posed to their mobile handset such as fraudulent bill increases or information loss or theft.
• Over a third (34%) of global mobile users question the general safety of mobile devices and services.
• At least 79% of consumers are knowingly using unprotected devices, with an additional 15% unsure of security levels.
• More than half of subscribers (59%) expect mobile operators to take primary responsibility for protecting mobile devices and services.

Advanced Services Concerns

While confidence levels for traditional voice and messaging services remain comparatively high, more than half of all respondents (55%) expressed concerns about m-payments and banking services. Likewise, over 40% were worried about mobile multimedia downloads and mobile vouchers and ticketing. Frequent mobile internet surfers showed levels of concern 80% higher than those who have never used such services. Overall, more than 72% of users expressed concerns regarding the safety of using emerging mobile services, with concern rates rising with market maturity.

Other news

Macalla and WesternCard Association & Partners will launch the ‘WesternCard Express Program’. This programme is a worldwide m-payment service using the Macalla mobile transactions platform.
[Read More]
McAfee has released findings from new research that reveals that almost three out of four mobile consumers (72%) are concerned about the security of todays and tomorrow’s mobile services, such as mobile multimedia downloads, m-payments and m-ticketing.
[Read More]
UK mobile banking outfit Monitise has launched MoniHome, an international remittance service that enables customers to use their handsets to initiate, manage and track payments around the world.
[Read More]
A new report by Juniper Research finds that the rush by banks and mobile operators to deliver financial services to the mobile phone will result in just over 612m mobile phone users generating over $587bn worth of financial transactions by 2011.
[Read More]
Paybox and ViVOtech partner for NFC-enabled remote and proximity payments.
[Read More]
Once again, debit card payments grew faster than credit card payments in the UK during 2006. The UK public just love their devit cards. And as grow powers on at 10% plus every year, the penetration of debit cards into sectors previously dominated by credit cards becomes more apparent. Debit cards are also used for 97% of ATM withdrawals in the UK. The latest report is available from APACS, UK Payment Statistics 2007 (September).
[Read More]
Barclaycard has unveiled its new three-in-one card, Barclaycard OnePulse, which will combine Oyster transit, credit and contactless funtionalities across London this September. For the next two years at least, OnePulse will be the only combined credit and Oyster card in the UK. An initial pre-registration website is available at www.barclaycard-onepulse.co.uk with the information on the benefits of the card.
[Read More]
Euronet Worldwide's subsidiary, Euronet Essentis, a leading international provider of Card Issuing and Merchant Acquiring solutions, has announced that Moneris Solutions, the merchant processing joint venture between Royal Bank of Canada and Bank of Montreal, is live with Essentis Acquirer.
[Read More]
INSIDE Contactless demonstrates its vitality and development skills at human, technological and financial level by establishing new premises in Aix-en-Provence and opening its Singapore office.
[Read More]
Following yet another successful year of growth for PayPal in the UK, Carl-Olav Scheible has been named as the new head of PayPal UK. The announcement follows strong first quarter 2007 figures with overall year-on-year growth reaching 31%.
[Read More]
To see our most recent updates please see our Latest News.
For all other news articles please visit our News Archive.

Subscribe

If you wish to be kept up to date with the latest news, please enter your email address below:
  
PayNET recruitment - Bringing Payment Jobs and Candidates Together PayNET recruitment - Bringing Payment Jobs and Candidates Together Headcount - Recruitment Solutions for the Payments Industry PayNET recruitment - Bringing Payment Jobs and Candidates Together