Mobile Banking Is More Secure Than Online Banking
"Mobile banking is on the rise, and chances are you’re one of the 52 percent of consumers who have accessed some form of mobile banking in the past six months. Yet perceived security risks remain a hindrance to full adoption of the technology. In truth, accessing your account via your bank’s mobile website or using your bank’s mobile app is as secure, if not more secure, than banking online via PC. Why?"
Four mobile banking risks, and how to avoid them
"Thanks to smartphones, tablets and ever-expanding 3G and 4G cellular networks, keeping tabs on your bank account is easier than ever before. Booting up your bank's app and checking your balance before you buy can prevent surprise overdrafts, and mobile options make reallocating funds a snap. Mobile banking isn't all sunshine and rainbows, though; on-the-run account transactions hold some very real security risks. Let's take a look at some of the biggest ones -- and how to protect against them."
M-banking adoption outpacing security
"As mobile banking use continues growing, the security risks associated with it are not limited to malicious software or viruses targeting mobile devices. That the device becomes the main channel for banking transitions, its compact size, and an underdeveloped mobile security landscape also compound the risks, observers say."
Is Mobile Banking Secure?
"Online and mobile banking apps provide millions with easy access to their accounts and billpay, but what happens when something goes wrong? Citibank customers who used an iPad app to pay their bills were charged twice, some without their knowledge, the bank aknowledged this week. The problem began in July and went undetected until December, the New York Times reported."
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