The Opportunities and Security Risks of Mobile Applications in the Context of Local Economic Development

Abstract

The spread of information and communication technologies has created an incredible level of dependency in societies nowadays. The efficient functioning of the State and the economy is now unthinkable without these tools. It is undeniable that the Internet and ICTs make a significant contribution to economic growth and play a vital role in all social subsystems. People expect technology to resolve the problems they face, most typically through an application for a smart mobile device. Whether it is elderly care, shopping, public transport, or government administration, mobile apps are the first choice for a growing percentage of users. As a result, they are also playing an increasingly important role in local economic development. In this paper, the authors examine the potential for using these applications and the associated risks.