Red alert!
More than a third of smartphone users are unaware of the increasing 'significant' security risks associated with using their mobiles for financial purposes as well as to store personal data, according to a new study.
However, AVG Technologies and the Ponemon Institute revealed that while some users are completely clueless, 29 percent of smartphone owners surveyed have considered downloading free or paid-for anti-virus software to help protect their mobiles.
Of the 734 US consumers over 18 years old who own an iPhone, BlackBerry or Android device, the survey found that 13 percent said location data had been unknowingly embedded on their handset enabling others to track their location and just 21 people of those surveyed were aware this could happen.
Furthermore, 6 percent of respondents said that mobile applications had transmitted confidential payment information such as credit card details without the users' knowledge or consent and just 11 percent of respondents were aware this was possible.
Worryingly, 8 percent of smartphone users said their handset had been infected by malware called diallerware that enables criminals to make use of premium services or phone numbers resulting in unexpected monthly charges and 10 percent of those questions had heard of this risk.
JSmith, CEO of security firm AVG Technologies, said: "AVG and Ponemon Institute found that an alarmingly low percentage of smartphone users are aware of the security threats that exist today on many of the world's most popular devices including Android handsets and the iPhone."
"A clear opportunity exists to better educate consumers on the steps they can take to minimize their risk and exposure, such as downloading low cost and even free anti-virus products specifically geared to protect their mobile lifestyle and investment," he added- although it is not surprising given that AVG offers mobile security solutions.
Dr. Larry Ponemon, chairman and founder of the Ponemon Institute, said: "Our research suggests that smartphone users lack the awareness and knowledge to protect themselves from a rash of security vulnerabilities."
The firm said that so far over 7 million Android users have installed AVG's free mobile security software called ANTIVIRUSFree on their handsets and around 50 thousand people are downloading it daily.
The company believes that this number will continue to grow as more consumers are made aware of mobile security risk.