LONDON — (Marketwired) — 06/18/13 — Arxan Technologies, the industry-leading provider of software security solutions that protect the App Economy, today announced they will speak on a panel titled “Breaking Down the Security of a Mobile Wallet” at the Mobile Wallet and Retail Innovation Summit. The summit will address the mCommerce ecosystem’s critical business, partnership, technology and security questions, as both operators and OTT players begin implementing different approaches to securing ROI through their m-payment proposition.
Cyber criminals are increasingly developing pervasive exploits and the means to commit mobile transaction fraud is growing. Money transfers and merchandise purchases are driving up mobile payment transactions around the world, with the value of transactions this year expected to reach $235.4 billion according to the Gartner analyst firm. Mobile enterprises serving consumers and end users must understand the top mobile vulnerabilities and emerging threats that impact mobile financial transactions via the application.
“Innovations in mobile payment technology are at an extremely exciting stage,” said Winston Bond, European technical manager, Arxan UK. “However, the development of peer-to-peer banking transactions, remote wallet/credit card payments, mobile banking and mCommerce in general open up a wide array of cyberthreats that can lead to fraud, unauthorized access, data breaches and brand erosion without the proper application security measures in place.”
Breaking Down the Security of a Mobile Wallet – Panel Session
Arxan Technologies’ Winston Bond joins Lorenzo Gaston, technical director, Smart Payment Association (SPA), France for a discussion moderated by Angel Dobarziev, practice leader, Emerging Markets, Ovum, UK.
Bond has over 20 years of experience developing software on a wide variety of embedded, desktop and mobile platforms. Since 2008, he has been focused on helping businesses, from large banks to emerging digital media companies, protect apps against tampering and reverse engineering for unauthorized use, piracy and theft of intellectual property.
Wednesday, June 19, 2013, 12:30 PM
Mobile Wallet and Retail Innovation Summit. Thistle Marble Arch, London, UK.
For more information or to schedule a meeting with Winston at the summit, please email: firstname.lastname@example.org or call 831-247-5394.
ABOUT ARXAN TECHNOLOGIES
Arxan protects the App Economy from attacks in distributed or untrusted environments with the world’s strongest and most deployed application integrity protection products. Among today’s diverse computing platforms, mobile and tablet apps and packaged or embedded software are all exposed to hacking attacks such as reverse-engineering, tampering, insertion of malware/exploits, repackaging, fraud, intellectual property theft, and piracy. Arxan’s unique patented Guarding technology enables sensitive or high-value applications to proactively guard their own integrity by defending, detecting, alerting, and reacting to hacking attacks through a risk-based, customized protection. Arxan’s self-defending and tamper-proof applications are deployed on more than 200 million devices by leading Fortune 500 organizations in high-tech, ISV, financial services, digital media, gaming, healthcare, and other industries. Arxan Technologies is headquartered in the United States with global offices in EMEA and APAC. Visit us at www.arxan.com.
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Article source: http://www.sys-con.com/node/2703640