Payment Apps on Mobile and Tablet Devices are Cool But Can They Be Trusted?

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Presented at The Security Confab 2012 by

Steven Elefant

The proliferation of payment apps on mobile and tablet devices, e-wallets, and cloud services means more intermediaries accessing sensitive data and a wider dispersion of consumer and merchant data. While this gives consumers and merchants more choice for accepting and presenting payment, the security models are still emerging. Lets look at the risks and what old and new tools exist to help protect the security of the payments ecosystem on these new frontiers.