GSMA: Customers will sell privacy for cash

GSMA's Mobile Asia Expo, the first major telecom event since the Snowden leaks, offers an excellent opportunity for the biggest industry group to take a leadership role on data protection and offer reassurance to the world's 4 billion-odd mobile users. 

GSMA chairman Franco Bernabè did not take that opportunity this morning, despite devoting half of his keynote to security and privacy.

He acknowledged that with the “unprecedented level of information sharing,” privacy was “one of the most debated issues of our time.” He said it was critical that the mobile industry rise to the challenge.

Bernabè did not elaborate on how that challenge could be met, but he did cite Amdocs research which suggests that consumers would be willing to reveal personal data in return for cash.

That insight offered, he turned to his more important role as pitchman for NFC. His security tip: the SIM will protect your data.