Here we go again. This is the 12th consecutive edition of my mobile industry predictions, originally published in January of 2008. While we try to cover most major aspects of the mobile industry, we do tend to emphasize messaging-related topics as well as consumer engagement. But we also focus on key industry trends such as devices, mobile payments, and blockchain. If a trend begins to fall out of favor, then it may disappear from subsequent predictions. You can get a detailed review and accounting of my 2018 predictions here.

Have you ever forgotten a password?  I know that I have.  I do all the time, in fact, although over the last year or two, I’ve gotten better at managing my password schemes (yes, I have schemes that I’ve memorized to generate new passwords).  But forgotten password recovery is a “popular” mechanism in which bad guys can gain access to your account. So, we must incorporate a number of checks to disrupt and prevent attempts to gain access to accounts.

In the past few years, the incidents of major data breaches as well as hacking into personal accounts for not only public people, but also not-so-public people, seem to be on the increase.  In June, 2014, McAfee recently published a study indicating that hackers are costing consumers and companies between $375 and $575 billion… annually!  Furthermore, losses connected to personal information, such as stolen credit card data, have amounted to over $150 billion.  We’ve all had instances of unsubstantiated charges appearing on our credit card statements. These are usually handled by the credit card companies, with little or no liability for us personally.  I am hoping that as contactless payment options and EMV cards become more ubiquitous, we will start to see the great reduction or elimination of these types of fraudulent charges and activities.