Security Threats and Opportunities

May 2010
Bank Technology News;May2010, Vol. 23 Issue 5, p29
Trade Publication
The article reports on the potential increase of security threats in the mobile banking industry as it became more transactional and adopted by several consumers in the U.S. According to Jacob Jegher, senior analyst at Celent LLC, cybercriminals did not pay much attention in the industry because it is simply too small for them to exert their efforts. However, he warns that as the consumers choose to adopt the technology, the chances of information fraud will proliferate as well.


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