New Financial Transaction Security Concerns in Mobile Commerce

In the past, the majority of the computer security officers had difficulty in convincing management to allocate financial resources for IT security. However, with the emergence of electronic commerce and varied legislation, organizations appear to have understood the necessity for computer security, especially data security. Currently, in most organizations, security officers focus on IT security - namely - hardware security, software security and access security. The access security involves both physical access and logical access. What appears to be missing from these security procedures is proper integration of business transactions.