Making Mobile Banking Safe

Balancing convenience versus risk presents new security challenges credit unions have yet to conquer as online banking shifts from desktop to mobile.

Image source: Attili

Increasing customer demand for the convenience of mobile banking is forcing the financial industry to listen and deliver. However the same security measures used for online desktop banking don’t really translate over to mobile technology, thus leaving a lot of catch-up to be done to this end.

Typically loaded with personal user data including contacts, physical location, baking information, etc., the mobile platform is a goldmine for hackers, and in the midst of all the confusion surrounding how to make it secure, cybercriminals are already working hard to find their way in.

What can your credit union do to ensure members have secure mobile banking experiences? Read the full article here to learn more.