Cyber Threats and Security for Wireless Devices

Abstract

In today's increasingly interconnected and social w orld, mobile devices are an integral part of people's lives. From smart phones to tablets to feature phones, mobile usage is growing steadily, fuelled by the po pularity of social networking, mobile and Internet apps, multi-media entertainment , online banking and e- commerce. As the growth in mobile devices creates new opportunities for consumers and businesses alike, there are also new threats em erging. The growing popularity and convenience of digital networks, however, come at a cost. As businesses and societies in general increasingly rely on computers and internet-based networking, cyber crime and digital attack incidents have incre ased around the world. The first major instance of cyber crime reported in 2000, whe n a mass-mailed computer virus affected nearly 45 million computer users worldwide . This paper examines the quickly evolving mobile landscape, Cyber Crimes, Business and Technical Decisions and Tradeoffs Companies, which will have to make to address the risk of fraud in the mobile channels.