Mitigating Mobile Payment Security Risks in Cloud Environment

EasyChair Preprint 14948

Abstract

The rapid adoption of mobile payments has revolutionized the financial industry, offering convenience and accessibility to users worldwide. However, the increasing reliance on mobile payment systems in cloud environments also introduces significant security risks. This paper explores the vulnerabilities inherent in mobile payments and the cloud, identifying key risks such as data breaches, unauthorized access, and malware attacks. It emphasizes the shared responsibility between cloud service providers and mobile payment platforms in ensuring a secure environment.

Through an in-depth analysis, this study outlines strategies to mitigate these risks, including encryption, robust authentication protocols, secure communication channels, and regular security assessments. Additionally, cloud-specific security measures such as Cloud Security Posture Management (CSPM), Zero Trust architecture, and Secure DevOps practices (DevSecOps) are examined for their effectiveness in safeguarding data and preventing breaches.

By examining real-world case studies and emerging technologies like blockchain and artificial intelligence, the paper underscores the need for a proactive approach to mobile payment security. In conclusion, it highlights the importance of continuous adaptation and vigilance as threats evolve in the ever-changing landscape of mobile payments within cloud environments.

Keyphrases: Cloud Computing Security, Cloud Security Posture Management, Mobile Payment Security, Zero Trust Architecture

@booklet{EasyChair:14948,
  author    = {Ayuns Luz and Edwin Frank},
  title     = {Mitigating Mobile Payment Security Risks in Cloud Environment},
  howpublished = {EasyChair Preprint 14948},
  year      = {EasyChair, 2024}}