According to the report, iPhone users spend 49 percent more on shopping through the mobile browser than through the mobile app. Likewise, Android users spent 38 percent more and users of other operating systems spent 107 percent more. Shopping through the mobile browser presents greater security risks for all smartphone owners. Adding to the risk, mobile browsers are more susceptible to threats like phishing, website spoofing and man-in-the-mobile attacks than the mobile app. And coupling that 2 out of every 3 mobile purchasers are also conducting mobile banking, the potential security risks are significant.The report titled “2012 Mobile Security: Android and iPhone are Attractive Fraud Targets in $20B Mobile Payments Market” was issued by US-based research firm Javelin Strategy & Research.
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