Norway: only 6% of digital purchases are made on mobile phones - report

Monday, 25th August 2014

Twelve percent of digital purchases were made on tablets and only 6% were made on mobile phones in Norway.

"80% of business-to-consumer (B2C) digital purchases in that time period were made on a computer."

"The number of purchases made on mobile phones and tablets varied significantly with age. Internet users ages 30 to 39 were most likely to be mobile commerce buyers, and nearly one-fifth (18%) of digital purchases they made were on tablets. Another 12% were made via mobile phone."

"Older internet users were less likely to use mobile phones and tablets for buying goods or services on the web. Seven percent of digital purchases made by internet users ages 60 and up were via tablet, and only 1% were made on a mobile phone. Two percent were unspecified, meaning that 90% of digital purchases they made were via computer or laptop."

"In terms of B2C ecommerce sales in Norway, the largest share (87%) came from computers and laptops during Q1 2014. Another 9% of sales came from digital purchases made on tablets and only 1% were from digital purchases made on mobile phones. The fact that the share of digital purchases made via mobile phones is somewhat higher than its share of sales indicates that mobile phones tend to be used for smaller, less expensive purchases. For example, mobile phone buyers in Norway tend to purchase train and bus tickets fairly commonly on their devices, and use computers and laptops when they want to buy bigger, more expensive items on the web."

More info here.

Canadian companies are at high risk for data breaches

Thursday, 21st August 2014

More than one-third of Canada’s IT professionals have had a significant data breach in 2013 that could put their clients or their organizations at risk.

"6% of the private Canadian enterprises experienced an internet security breach in 2013. About one-quarter of those reporting a breach (about 260 companies) said client or proprietary information had been corrupted, stolen or accessed without authorization."

"In Canada, there is no federal law that requires private companies to disclose breaches to the government or those affected. That may change with Bill S-4, the Digital Privacy Act, now before Parliament. The act proposes making it mandatory for federally regulated businesses, as well as federal government agencies, to report significant breaches to the federal privacy commissioner and to customers and clients whose private information was leaked."

"36% of the Canadian companies had experienced one or more cyber-attacks in 2013, which infiltrated networks or enterprise systems. 89% of the Canadian respondents said they know another security professional whose company had sensitive or confidential data stolen as a result of an inside threat, while 23% of the Canadian cyber security teams never speak with their executive team. Of those who did, nearly half did so only annually or semi-annually, while only 2% talked weekly with executives about security."

More info here.

US customers and retailers, most targeted by cyber attacks

Wednesday, 20th August 2014

Though cyber security and data theft are a globally spread phenomenon, public and private entities in the US are the most targeted by cyber-attacks.

"US consumers are not safe and an enormous amount of work is to be done in the US to stop data breaches."

"Point-of-Sale (POS) is one of the most vulnerable locations and a large number of fraud attacks occur at the POS."

"Payments security market in the US was estimated at USD 1,327 million for 2013. Retailers appear to be the most affected by payment frauds, starting to invest in building a secure payments system."

More info here.

Africa: intra-regional trade to boost ecommerce growth

Tuesday, 19th August 2014

The countries of Africa undergo nearly 23% of their cross-border trade.

"The level of intra-African trade is relatively low, as compared to other regions. For example, around 70% of the EU’s trade happens within its borders."

"Improved cross-border payment systems could facilitate intra-regional trade and regions across the continent are beginning to work on greater intra-continent trade. Although intra-regional trade is determined by economic fundamentals of supply and demand, the report notes that the lack of efficient regional payment systems could add significant costs to intra-regional trade."

More info here.

China: notable growth in cross-border online shopping

Monday, 18th August 2014

China's overseas online shopping market has registered a significant growth.

"The value registered by the Chinese online shoppers buying from abroad via domestic electronic payment methods jumped from USD 1.95 billion (CNY 12 billion) to more than USD 11.36 billion (CNY 70 billion) between 2010 and 2013."

"Alipay, China's largest third-party payment platform, recorded a 117% growth in its cross-border e-payment services from 2011 to 2012, whereas the average pointed to a 64.7% growth for other ecommerce companies."

More info here.

    Page: 2 / 5
Previous Page 1  2 3  4  5   Next Page