Wednesday, May 30, 2012

Eight Out of Ten Mobile Banking Apps are Vulnerable to Hacking

Bank transactions over apps on smartphone and tablet platforms are growing increasingly dangerous as most of them are really weak to fight any hacking attempts, say security experts.

Image source: Article
Identity theft has become a serious menace where it is overtaking all other crimes together.

Advice from the article: online banking customers should keep a cheap netbook exclusively for their online banking activity where emails aren't opened and other free apps aren't run.

Is this advice suitable to your credit union members? Read the full article here.

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