Mobile malware a looming menace

20 Jul 2010

ItBusiness Canada, By Nestor Arellano

That seemingly innocuous mug shot of 1980s pop star Rick Astley circulating wildly on jailbroken iPhones shortly before Christmas last year may be a harbinger of a more serious menace for businesses offering mobile payment services, according to Ovum, a British technology market research firm. Cell phone-based pranks may be irritating at worst right now, but they could be a “wake-up call” for banks and organizations offering mobile payment services, said Graham Titterington, principal security analyst at Ovum.

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