Smart phones are loaded with the same old-school vulnerabilities that plagued PCs a decade ago. Smart phone makers are repeating the old mistakes made by computer manufacturers. Smart phones becoming increasingly like a wallet, with applications that support banking right on the device. In the rush to satisfy smart phone users hungry for new apps, the same mistakes that were made around 1999-2000 in the PC world are being repeated. Researchers: In the mobile phone Web app world there’s a lack of guidance, standards and best practices.”]
Source: https://www.csoonline.com/article/2126185/as-smartphones-become-wallets–pickpockets-circle.html