A Wake-Up Call for the Payments Sector Against Smartphone Cyber attacks!

Mobile technology is evolving at a great pace integrating apps to fulfill all daily needs of people to save time. Money, which is the most crucial aspect of all these needs is also assimilated with the technology. In addition, banks and other financial institutions are incorporating mobile technology into their systems to provide convenience to its customers. But, a real thought into it raises a question on everybody’s mind: How secure is mobile technology when dealing with payments?

A recent report released by Moscow-based security firm Kaspersky Lab states, It discovered 2.2 billion malicious attacks blo ...

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