Affiliation:
1. Institute of Management Studies Noida, India
Abstract
Truthful authentication with secure communication is necessary in location-based services to protect from various risks. The purpose of this research is to identify security risks in mobile transactions especially in location-based services like mobile banking. The factors need to be identified the reasons of customer distrust in mobile banking. In addition, the security issues with mobile banking systems and mobile devices are highlighted. The chapter finds which approach is more suitable and secure for mobile banking transaction between customer and bank. The research predominantly focuses upon customer trust, security issues, and transaction costs owing to different technology standards of mobile commerce. The first phase highlights the various location-based services in m-commerce, various technology standards, customer trust, and perceived risk, and further, at next level, it highlights the various problems associated mobile database and a comparative study of various replication protocols, transaction security issues, and LBS security challenges.
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