Mobile banking brings new opportunities to institutions and customers alike – but also a host of new security risks. Jim Anderson of BAE Systems Applied Intelligence discusses the emerging landscape. Anderson is struck by the commoditization of cybercrime, where fraudsters can easily leverage proven Cyber Kits to commit crimes. The number of mobile Trojans has really increased over the past year, he says. Anderson: “There is an increasing financial risk that we face as consumers when we try to do transactions that way””]
Source: https://www.careersinfosecurity.com/emerging-mobile-banking-risks-a-7078