As Internet commerce began to take flight a decade ago, there was great concern that the growth of online business would be stymied by consumer's reluctance to entrust their personal and financial data to the emerging security risks of vulnerable websites.

Yet, Internet commerce has grown unabated, as businesses have proven their ability to (usually) protect client data, and to cover consumers for losses in those cases where they don't.

More recently, as the use of smartphones and similar mobile devices has become ubiquitous, the same arguments are being heard again: the growth of mobile commerce will be limited unless adequate security can be demonstrably in place. These fears are actually more justified this time around, as wireless mobile transactions are by their very nature more difficult to protect.