Mobile payments and security — money walks, money talks

Once upon a time a mobile phone was something we used for talking. Today making a call ranks sixth on the list of most common uses for a mobile phone. Now there’s a new kid on the block that, in time, will push making a call even lower down the list. Mobile payment, or m-payment, is taking off. Early adopters like Starbucks already attribute significant revenue gains to their investment in mobile. Although overall mobile payments adoption and usage rates are still a fraction of standard credit/debit card transactions industry watchers expect this to change very quickly.

The national economic protection strategy in Germany and real life

When it comes to security, public authorities in any country also want to represent their interests, some more intensively than others. Germany is not lacking in initiatives and organizations that want to help companies in terms of digital security. Unfortunately, the wheels of public administration can turn very slowly, such as the recently unveiled national economic protection strategy shows. In addition to the key associations BDI and DIHK, different security agencies in Germany are involved in the initiative, including the Federal Office for the Protection of the Constitution, the Federal Criminal Police and the Federal Office for Information Security. Announced in August 2013, it took nearly three years until a significant concept was presented this week. On the whole, the national economic protection strategy is not much more than brochures and explanatory films that are intended to raise awareness of security threats among SMEs – not just in the field of IT. Practical measures such as financial support for companies to hire certified security consultants or implement security projects are lacking. Raising awareness of security threats whether physical or virtual through cyberspace is never a bad thing.