Research on the technical risk of mobile finance innovation

Mobile finance innovation is the new development trend that involves comprehensive application of technology in various areas of chip, communication, internet and financial industry. This paper takes the technical risk of mobile finance innovation as the research object; describes the relationships among property, threats and vulnerability that must be considered for technical risk; gives the evaluation reference for confidentiality, integrity and availability risk level of enterprise property combined with characteristics of mobile finance innovation; and quantifies subjective judgments to provide the referential level standard and value through analysis on potential threats and vulnerability to enterprise property. With the risk model formula, it calculates the likelihood of security incidents and severity of consequential losses for the entire enterprise property, concludes the risk levels, and put forwards suggestions on risk prevention and management for mobile finance enterprises to safeguard sustainable and sound development of mobile finance industry.