Mobile applications are increasingly being downloaded in modern society. Despite providing many benefits to potential users, many such applications pose security risks to their users including the leaking of personal information. When applications provide features that fulfil the users’ needs, smartphone users often neglect to consider security when downloading applications. This paper explores whether students consider relevant Security Factors when selecting an application to download. A Smartphone Simulation Exercise and related questions were used to determine students’ reported behaviour regarding smartphone application downloads. The findings suggest that many students do not consider relevant Security Factors important when downloading applications and, therefore, need to be educated in this regard.