MobileChina’s top users tycoonsfall dig deep for charity victim to thieves
The top 100 Chinese philanthropists tend to donate theirA growingmoney to single number causes, of Internetmany linked thieves to are education, stealing money according fromto a smartphonenew report users,from especiallyHarvard male Kennedy ones, throughSchool. mobile viruses, accordingThe country’sto a report richest issued on donated Monday.or pledged $3.8 billion Published between by Septemberthe Tencent 2014 Researchand August Institute, 2015, the report donating said for thatthe mostout partof 16.7to millionone cause. new phone viruses it Only detected one— last Alibaba year, Group about 326,000Holding wereLtd’s virusesJack Ma that— can gave leadto fourto differentthe theft causes,of key personalwhile 71 percent informationof the top on payment100 donors accounts.gave to one cause. Despite the relatively small “This proportionmay be of becausethe payment-related donors often mobilegive to viruses,causes 25.05in which millionthey have phonea certain users became expertise victimsor knowledge,of them thus last year, narrowing accordingthe rangeto the of reportsectors titled addressed,”Internet Blacksaid Edward Industry Cunningham Research. in the report.
Mao“It may Shengbin,also be that deputyearly secretary-phases of general a philanthropicof the institute,sector’s growthsaid the can new be trendcharacterized in viruses by comes giving amid that theis increasedshaped moreuse of by mobile personal payments experience.”in China. Cunningham is the China Pe o p l e are using programs director for the smartphones not only to Ash Center for Democratic pay for online purchases, Governance and Innovation, but also for bills, cab fares a research center at the Kennedy and even groceries at convenience School. stores. Fifty-nine of the 100 “Many people haven’t donors support education, got into the habit of being and 57.5 percent of all their cautious when using their donations went to that sector, smartphones because the according to the data. mobile payments market
Beijing received a quarter of the 2015 education donations, has just startedand Chongqingto take off,” receivedMao said. nearly a fifth.
ManyHe addedof the that donors not give everyto this company sector in “because China’s mobileof the positive payments role industry educationalhas high opportunitiesstandards of played Internet in their security, own lives”, leaving said loopholesthe report. for the “Interviewsviruses. with such donors Male phone consistently users appearhighlighted to be more such vulnerable motivations, than often females complementedwhen facing by sucha focus risks. Theon the report donor’ssaid aboutown children71 percent and furtheringof those their who opportunitiesexperienced payment educationally.” viruses China’slast year top were donors male. include DalianLi Hong, Wanda senior Group directorCo Ltd’sof the Wang mobile Jianlin payments($48 million), and financial Jack risk Ma control($20 million)unit at and Internet ENN giant Group TencentCo Holdings,Ltd’s Wang said, Yusuo “It ($46 could million).be that womenThe averageare more donation cautious madethan menwas $8.2 when million.they receive questionableAlong with textsa or report quick named response China’s codes.” Most Generous: Sixty-five Understanding percent of China’s those Philanthropicwho had such viruses Landscape, are the aged Ash between Center 19 launchedand 35 an — interactivethe main users websiteof the mobilethat tracks Internet thein China. philanthropic activityThe topof China’sfive cities richest. with
The site will be updated the heaviest financial annually, tracking the biggest losses resulting from the donations made every payment viruses last year year. Currently it compiles were Beijing, Chongqing, data on Chinese donations Guangzhou and Shenzhen within the country, but the in Guangdong province, and project will potentially Shanghai. expand to Chinese donations
The institute said it is overseas, Cunningham possible to steal money said. from accounts online if key
The center had wanted to information is obtained expand on the research such as the name, ID card already being done on China’s number, bank card number wealthiest by examining and mobile phone number more closely where they linked with a bank card. were giving their money.