As the technology gets smarter, the rapid growth of mobile commerce (m-Commerce) will continue to take over the traditional shopping experience. With this change, there are now numerous apps enabling convenient mobile shopping at your fingertips. M-Commerce took 34.5% of the total US e-Commerce sales in 2017, and its market share is expected to be over 50% by 2021.
Despite the increasing number of transactions on m-Commerce, are those apps truly safe and secure? Seeing as e-Commerce has already seen multiple security breaches — is m-Commerce prepared for cyber attacks? To understand the security status of mobile commerce, AppSolid and AppKnox teamed up to analyze the top 50 shopping apps on Google Play to understand the current security status in the m-Commerce landscape.
Among the 50 apps analyzed, there is no app that does not have security risks.
Learn the four common security vulnerabilities that are present in m-Commerce apps.