SECURITY| Sept. 26, 2012, 10:04 a.m.
A new report from Juniper Research finds that only 5% of global smartphones and tablet devices have security software installed, despite a steadily increasing threat from malware, fraud and device theft.
The report forecasts that both corporate and personal users will begin to recognise the need to protect their data and the demand for mobile security products will increase over the next five years to a point where 1 in 5 mobile devices will be protected by third party security software.
In addition, the report found that, apart from headline grabbing malware attacks on phones, the risk of crimes such as identity theft will be a strong motivator for users to adopt mobile security software. Device loss or theft affects both consumer and corporate markets and hence demand for security solutions in both sectors will increase.
The new report, Mobile Security Strategies: Threats, Solutions & Market Forecasts 2012-2017 found that, as the security threat increases, and users become more aware of these issues, mobile operators and device vendors need to recognise the potential value that can be achieved by integrating key security features such as ‘Track the Device’ or 'Lock and Wipe’ into their product offerings for customers.
Report author Nitin Bhas notes: “Bundling mobile security apps along with other managed services will not only provide incremental revenue for the service providers, but will also help them guarantee better customer satisfaction and churn”.
The report expects the number of protected consumer devices to overtake protected enterprise devices by 2015, driven by BYOD trends. Employee owned smartphones and tablets used in the enterprise will reach almost 350 million by 2014, it says.
MORE SECURITY NEWS
RSA research reveals blind spots in threat detectionRSA, The Security Division of EMC, has released the results of a new Threat Detection Effectiveness Survey. Read More
Banking security in Africa reaching a tipping pointEntersekt CEO Schalk Nolte looks at the growing security risks for banks and financial institutions in Africa and explains why complacency is no longer an option. Read More
Nigeria loses N127bn to cyber thievesBetween 2013 and 2014, the activities of criminals who chose the cyber space as their platform of operation has cost Nigeria a whopping N127billion. Read More
Staying one step ahead of information security threatsThe need to continually adapt to an increasingly hostile environment has resulted in a significant change from the familiar security measures that kept us “comfortable” a mere five years ago. Read More
ESET warns of new Facebook threatESET has warned of malicious links being sent to Facebook users under the title: “My video”, “My first video”, or “Private video”. Read More
What you need to know about WhatsApp’s end-to-end encryptionUsers of the instant messaging service WhatsApp will now benefit from more secure conversations after the company announced it has turned on full end-to-end encryption. Read More
Arbor Networks’ on-premise DDoS solution wins gold for best security hardwareArbor Networks Inc., the security division of NETSCOUT (NASDAQ: NTCT), has announced that Info Security Products Guide, the industry’s leading information security research and advisory guide, has named Arbor Networks as the winner of four of its Global Excellence Awards. Read More
Students unveil fingerprint car starting moduleIt is often said that necessity is the mother of inventions and this may be deemed true with finger print motor starter, a new innovation from Uganda developed by software engineering students of Makerere University. Read More
Remember governance in the rush to next generation platformsEnterprises are actively looking to next generation application and analytics platforms, but they need to be aware that the platforms alone cannot assure quality data and effective data governance, warns KID. Read More
Forgot password? Behaviour metrics authentication in mobile devicesRSA, The Security Division of EMC, says the future is truly about choice and providing secure authentication that makes it easy for users to comply with security policies. Read More
FEATURED STORYNigeria satellite resources to boost economic growth
The Management of NigComSat says Nigeria’s satellite resources are primed to help the nation in accelerating robust ICT infrastructure to boost economic development for the country.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSRSA research reveals blind spots in threat detection
RSA, The Security Division of EMC, has released the results of a new Threat Detection Effectiveness Survey.Networks Unlimited event highlights SimpliVity's new Omnistack Software
Leading data protection focused distributor invites hyperconverged vendor to discuss disaster recovery and data protection.MTN and Ericsson lead the way with first LTE-U network
To future proof its business, MTN SA, together with Ericsson, has successfully trialled LTE-Unlicensed (LTE-U) at MTN’s flagship channel store in Morningside, Johannesburg.