Management Of Security Risk Of Mobile Payment

The development of information communication and network technology makes the mobile payment industry thrive rapidly,but it also triggers a series of risks,including the risk of public security.The security risk of mobile payment may lead to loss of funds and even do harm to the social order,with the characteristics of specificity of the field,financial involving,the reasons for the decrease of funds is unreasonable and harmful to social order.Risk identification is the first step of risk management.The method of failure mode and effect analysis can identify and analyze the failure modes of the social order and the failure mechanism of the failure mode,and provide necessary material for analysis of the security risk in the method of fault tree analysis.Fault tree analysis method can qualitatively and quantitatively analyze the security risk of mobile payment,take the theft of mobile phone users' account funds as a top event to build fault tree,you can find out the direct cause of the occurrence of the basic events: mobile phone lost,deceptive public WIFI,malicious software,fraudulent text messages,online shopping fishing,spoiled network friends borrowing,twodimensional code fraud and system risks.The management of the security risk of mobile payment is a social systematic project in which the Police must take a leading role,other relevant government department and members of the society should also participate in the systematic project: the legislature to strengthen legislation to improve the relevant laws of mobile payment;the Police should crack down on various areas of mobile payment criminal behavior,strengthen cooperation with other relevant administrative departments;to strengthen the education of knowledge of mobile payment to improve users' security awareness of mobile payment;three-party account fund managers should upgrade their system constantly so as to improve the risk prevention mechanism.The security risk of mobile payment threatens the healthy development of mobile payment industry and the stability of social order,the management of the security risk of mobile payment should be based on the Police,the legislature,the judiciary and relevant administrative departments' sincere cooperation,mobile payment users,mobile payment platform,communication operators,banks and non-bank payment agencies' participation in the implementation of risk management measures,which is the only way to reduce the risk of mobile payment and to maintain the stability of society.