If you think of your smartphone as just a phone, rather than a very powerful mini-computer that happens to make phone calls, you may be cruising for a world of pain.
That’s because the amount of sensitive data many of us store on our phones is truly staggering. A smartphone provides us direct access to our savings and checking accounts. It may store our passwords to Facebook, Twitter, Pinterest, even our email accounts. The phone numbers and email addresses of all our friends and colleagues are easy to find in our contacts directory.
Long gone are the days when all your daughter wanted for Christmas was her two front teeth. Now she wants a cell phone.
All her friends have one. And despite headlines about cyberbullying, sexting and texting while driving, you embrace the idea that cell phones are a way of life. “After all,” you tell yourself, “it would help me stay connected with her between school, volleyball practice and babysitting jobs.”
But before you comparison shop for talk, text and data plans, take time to reflect on what bringing a cell phone into your child’s life really means. It’s an instant connection between your child and the world—and all the good and bad things that brings.
These three tips can help you ensure your child’s experience is positive and age-appropriate:
While many consumers have embraced mobile banking and been generally pleased with their experience, data also shows that some consumers still are reluctant to adopt new payment technology that could make their shopping experiences online and in the real world more convenient.
Experts have often cited consumer fears over the security of mobile wallet systems as the largest hurdle to widespread adoption of the technology, ahead of even the fact that the technology required to complete such a transaction is not widely available, according to . As a consequence, the companies developing these mobile purchasing platforms will likely need to do a bit of work to reassure consumers that their systems are secure.
Identity theft is on the rise, according to a report released today by Javelin Strategy & Research.
The crime struck almost 12 million victims in 2011, a whopping 13 percent increase from 2010. The main reasons why: the growing number of data breaches and increasing reliance on smartphones and social media.
By Matt Cullina,
Kids practically live online these days, and they spend a lot of their time playing games on Facebook and their smartphones.
So I’m heartened to see the Federal Trade Commission that mobile applications must conform to federal children’s privacy regulations.
By
Earlier this year , an application that allows smartphones to function as credit card readers using a small device that plugs into the headphone jack. The advantage: anyone with the application can process transactions on the fly by simply swiping a physical card through the reader.
Now, two British technology security researchers have discovered a way to process transactions without having to swipe a physical card—meaning all a thief would need is magnetic stripe data in order to process transactions.
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