Hackers to target mobile banking, study says

Tuesday, 23 January 2007, 1:53 AM EST

This year could see a sharp rise in hacker attacks on Internet-enabled smartphones as a number of new banking and payment initiatives enter the mobile channel.

The Tower Group, a research and advisory company focused on the financial services industry, believes that many mobile commerce offerings now emerging from the financial services sector "lack a reasonable and justifiable focus" on mobile security.

At Yahoo! News.

[ Read more ]




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