TMCnet - World's Largest Communications and Technology Community



Mobile Device Security Management to Earn Global Revenues of $3.95 Billion by 2016


TMCnews Featured Article

August 16, 2011

Mobile Device Security Management to Earn Global Revenues of $3.95 Billion by 2016

By Anshu Shrivastava, TMCnet Contributor

Mobile devices such as smartphones have become an integral part of customer’s daily lives; however threats that target mobile devices are also on the rise. These threats that include malware, viruses and more have made mobile device management (MDM) systems a necessity to ensure that enterprise and personal data are not lost or stolen. In addition to monitoring, managing, and supporting, mobile device management also secures mobile devices.

Visiongain (News - Alert) has just released a new mobile device management report, entitled “Mobile Device Security 2011-2016.” This report examines rapidly growing threats targeting mobile devices such as data and ID theft, SMS fraud, rogue apps and covert espionage and expects predict that the mobile security market will reach $3.95 billion in global revenues by 2016.

The number of mobile malware has more than doubled in 2011 from just last year, according to the findings of Visiongain’s research. Also, the research notes that mobile operating systems can now be infected by PC-related viruses, such as the ZeuS phishing Trojan that steals banking information, as well as malicious software targeting mobile devices that can steal data, corrupt functions and usurp control.

With mobile device management systems, users can fully secure their mobile devices against malware and viruses and also secure enterprise data on personal devices.

The report observes that cybercriminals are actively exploiting the popularity of smartphones and tablets. In addition, they are also exploiting the low user awareness of these risks. The report reveals that lax security enforcement within organizations is enabling easy opportunities for illegitimate monetization.

The recent high-profile exposure of Android (News - Alert) malware has prompted the rise of a lucrative market for mobile device management security software and services for mobile devices, according to the report.

Recently, Visiongain also released “Mobile Payment: Operator Strategies, Opportunities and Challenges Report 2011” that examines and analyses the developments in the emerging mobile payments sector.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.

Anshu Shrivastava is a contributing editor for TMCnet. To read more of Anshu’s articles, please visit her columnist page.

Edited by Jamie Epstein

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy