Cellular News: Survey Shows Consumer Worried About Mobile Loss and Fraud

Research published by mobile device management company Mformation highlights that 82% of people fear that if their phones were lost or stolen, someone would use the information stored on them for fraudulent means. 90% of those questioned are worried about the loss of their personal data if a mobile device were to go missing, with 72% admitting that the personal information stored on their devices would be difficult to replace.

In addition, 40% of respondents even said that losing a mobile would be worse than losing their wallet.

"Mobile phones are becoming more and more essential to user lifestyles," commented Matt Bancroft, Vice President, Mformation. "People can access the Internet and store significant amounts of valuable personal information and other content on their mobile devices. With new advances in mobile technology arriving every day, this trend will only increase the role of the mobile device in peoples' lives by providing us with increasing freedom to store, manage, send, and receive information. Mobile operators need to make sure that users are confident that their devices are secure, the data on those devices is protected, and device content can be backed up and recovered if a phone is lost or stolen. Such a high level of dependency on mobile phones today means that operators need capabilities to help minimize risk and maximize trust," continued Bancroft.

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