according to the latest cybersecurity report by the institute of Electrical and Computer Engineers ( IEEE ) , 70 % of participants believe that by 2030 mobile payments will be secure enough to overtake the use of cash and credit cards . Other mobile payment findings include : 46 % of respondents believe the biggest concern in mobile payment technology is payment information hacks ; 33 % were worried about unauthorised payment processed by a mobile payment provider ; 13 % feared that accidental payments could be made by the email tag and/or QR code ; and viral infection through the QR code concerned 33 % . The study also found IT providers should consider email security and trust in email storage is dropping .
According to the latest cybersecurity report by the Institute of Electrical and Electronics Engineers (IEEE), 70% of respondents believe that by 2030 mobile payments will be secure enough to overtake the use of cash and credit cards. Other mobile payment findings include: 46% of respondents believe the biggest concern in mobile payment technology is payment information hacks; 33% were worried about unauthorised payment processed by a mobile payment provider; 13% feared that accidental payments could be made by the NFC tag and/or QR code; and viral infection through the QR code concerned 8%. The study also found IT admins should consider email security and trust in cloud storage is dropping.