Tag: mobile security

About Phone-based Authentication

The phone-factor is the second layer of two-factor or multi-factor authentication. Phone-based authentication is enabled through an end-user’s cell phone or smartphone and provides an advanced level of authentication. The authentication process is done using passcodes, text messages, or phone calls. It is mainly used by banks and payment gateways to ensure confidentiality and to verify the authenticity of the user during monetary transactions. It is also being adopted by other sectors such as healthcare. It is a cost-effective method compared to hardware tokens for securing information.

Global Phone-based Authentication Market 2016 report has Forecasted Compound Annual Growth Rate (CAGR) in 49.33% value for particular period, that will help user to take decision based on futuristic chart. Report also includes key players in global Phone-based Authentication market.

With advances in technology, several mobile network operators (MNOs) have introduced 2G, 3G, and 4G network services. This helps them improve their efficiency in sending OTP to customers for their online transactions and mobile banking. Thus, MNOs play an important role in the growth of the global phone-based authentication market.

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Covered in this Report

This report covers the present scenario and the growth prospects of the global phone-based authentication market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of the phone-based authentication solutions.

The market is segmented on the basis of the following:
• Geography: Americas, EMEA, and APAC
• End-users: BFSI, PCI, government organizations, and others sectors

Global Phone-based Authentication Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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The market report, titled Phone-based Authentication Market 2016, is an analytical research done by QY Market Research study based on the Phone-based Authentication market, which analyzes the competitive framework of the Phone-based Authentication industry worldwide. This report “Worldwide Phone-based Authentication Market 2016” build by the usage of efficient methodical tools such SWOT analysis, the Phone-based Authentication industrial 2016 study offers a comprehensive evaluation worldwide Phone-based Authentication market.

The Phone-based Authentication market size is estimated in terms of revenue (US$) and production volume in this report. Whereas the Phone-based Authentication market key segments and the geographical distribution across the globe is also deeply analyzed. Various Phone-based Authentication market dynamics such as growth drivers, restrictions, and the future prospects of each segment have been discussed in detail. Based on that, the Phone-based Authentication market report determines the future status of the market globally.

Key Regions

• Americas
• APAC
• EMEA

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Key Vendors

• CA Technologies
• EMC
• Gemalto
• Microsoft
• Symantec
• Technology Nexus
• VASCO

Other Prominent Vendors

• Deepnet Security
• Duo Security
• SecurEnvoy
• SMS Passcode
• Swivel Secure
• TeleSign
• Trustwave

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A new report has indicated that certain wearables and the apps needed to use them are posing a privacy risk.

Citizen Lab, in partnership with Open Effect have now released a report that has suggested that the mobile security being provided by several popular fitness trackers are actually vulnerable to potential tampering, surveillance and tracking over the long term.

These devices are quite commonplace and are used to allow a person to monitor his or her physical activity.

The report was the result of an examination of eight different fitness trackers and the mobile apps that are needed to use them. It was conducted by Citizen Lab from the University of Toronto, and the Open Effect not-for-profit research group. They looked into these applications and wearables to determine the level of mobile security and privacy they were able to provide. The trackers the researchers examined included: the Fitbit Charge HR, Jawbone Up 2, Garmin Vivosmart, Basis Peak, Mio Fuse, Xiaomi Mi Band, Withings Pulse O2 and even the Apple Watch.

The researchers looked at a range of different mobile security measures for every device they considered.

The factors included those pertaining to the collection and storage of data, as well as their transmission practices. What they determined was that every device, aside from the Apple Watch, persistently emitted uniqueIDs by way of their embedded Bluetooth radios. Those identifications could potentially expose the users of the wearables to location tracking over the long-term, even at times in which the device was not paired to a smartphone or tablet.

The report said the Apple Watch was the only one among the wearables that actually randomized its Bluetooth ID, causing it to be impossible to track that smartwatch over the long-term.

The authors of the report also pointed out that the Jawbone and Withings app was vulnerable to being exploited in order to crate fraudulent fitness records. The reason this poses a mobile security risk due to the chance that the data collected by personal fitness wearables could be used in court cases, health insurance programs and for other official reasons. Therefore, if that data has been falsified, it could create a highly undesirable risk for the users.