This includes practical steps like mandating theft prevention tools and removing data costs for security updates. Head over to our website to learn more!

It also recommends that drivers of vulnerability, such as low take-up of optional security features, cost sensitivity and market incentives to integrate AI, are leveraged to inform government policy.

In addition, the perceived trade-off between competition and security is likely to be overstated. The report recommends that regulators ensure cybersecurity is embedded within competition decisions, and major digital platforms continue to prioritise security for users.

Our report pinpoints the most pressing risks to consumer mobile devices as: social engineering (phishing), malicious applications, and physical device theft.

Despite the significant impact on individuals and businesses, mobile cyber security remains underrepresented in UK policy debates, even as smartphones become central to personal banking, communications, and digital authentication.

Smartphone-enabled fraud in the UK is costing the economy billions annually.