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News Release from: Juniper Research
Edited by the Electronicstalk Editorial Team on 14 December 2006

Security attacks on vulnerable mobile phones

According to a new report by Juniper Research, there has been a steadying rise in security attacks on vulnerable mobile phones.

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According to a new report by Juniper Research, there has been a steadying rise in security attacks on vulnerable mobile phones. The security risks of identity theft, the growing threat of mobile viruses and malware combined with corporate governance, state legislation and the increasing dependence of users on delivery and storage of critical data to their mobile phones will ensure that mobile security products will be installed on 247 million mobile phones (nearly 8% of total) by 2011. According to the former cyber security advisor to President Bush, Richard Clarke, hackers and criminals will turn their attention towards unprotected mobile phones as they are far more likely to be stolen or lost.

With mobile phones beginning to out-ship PCs by five to one in 2006 the problem can only grow.

Juniper Research illustrates the current and near-future status of the mobile security market in its latest study.

Despite initiatives by mobile operators and police forces mobile phone theft will continue to rise with a forecast of nearly 4% of mobile phones annually stolen by 2011.

Revenues from mobile security products, including anti-virus, VPN, data and file encryption and mobile identity management applications, will generate almost USD5billion worth of revenue by 2011.

The biggest mobile security market sector will be in the secure mobile content sector (anti-virus, anti-spam, anti-spyware and content filtering) with 40% of the total market.

Revenues from mobile data and file encryption products is expected to outstrip the PC market by 2011.

Mobile Biometric solutions will contribute some $268 million worth of revenue of the total mobile identity and access management market ($1.36 billion) by 2011.

Report author Alan Goode said: 'Initially driven by the data hungry mobile business user who has seen the benefits of data services such as email, predominantly on their Blackberry devices, we will see mobile security products go mainstream by late 2008/early 2009 resulting in a doubling of revenues from 2008 to 2010'.

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