Research and Markets - FCC & FTC Launch Investigation Into Mobile Security

10 May, 2016, 07:33 ET from Research and Markets

DUBLIN, May 10, 2016 /PRNewswire/ --

The U.S. Federal Communications Commission (FCC) and Federal Trade Commission (FTC) have announced a joint-inquiry into mobile device security. The agencies have asked mobile phone carriers and manufacturers, such as Apple and Google, to explain their process for reviewing and releasing security updates.

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Mobile devices are at a greater risk of infection with different kinds of malware because of the increased use of the internet. Malware can come from a wide variety of sources, including social media websites and e-mail spam. However, enterprises find the cloud to be a convenient and cost-effective way to store critical data. As a result, the demand for mobile security and anti-malware is increasing.

The FCC says the number of wireless devices in America had risen to 382 million by mid-2015. Consumers and businesses are conducting a growing amount of daily activity on their mobile devices and they say questions have been raised about the security of mobile communication. The FCC has written letters to six mobile phone carries, while the FTC has contacted eight mobile device manufacturers, including Microsoft, LG and Samsung.

The global mobile application security market is expected to reach $2.5 billion by 2020, with the increasing threat of malware and growing demand for end-to-end security suites driving growth. According to an FCC press release, there has recently been a growing number of vulnerabilities associated with mobile operating systems. It highlights a bug called 'Stagefright', which may affect almost 1 billion android devices globally. It says mobile phone manufacturers are working to address these vulnerabilities as they arise, but there are significant delays in delivering patches for different devices and operating systems.

The companies must respond to the FCC and FTC within 45 days.

For further information on this topic, and a full list of all related documentation, please visit the IT Security section at http://www.researchandmarkets.com/rm/OKOO.                                    

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Source: http://www.reuters.com/article/us-wireless-inquiry-regulators-idUSKCN0Y022E

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