At the Westminster e-Forum, one of the journalists asked me “are mobiles more or less secure than cards?”. It is very difficult to answer this kind of what seems to (but isn’t) a straightforward question. Someone else asked me”are mobile NFC payments secure?”. Well, we are experts in the field and have carried out risk analysis on a number of different systems, so we can only answer “compared to what?”. Anyone who claims that any system is 100% secure hasn’t done their homework, but no-one developing a new payment system would start out with that goal (for the obvious reason that it would be too expensive). What should we compare mobile NFC payments to? I suppose the journalist was right in current circumstances and the benchmark should be plastic cards.