"Brandon McGee, Industry Insider, Mobile Banking Guru...He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options." - Jim Bruene, Publisher & Founder, Online Financial Innovations

"Going Mobile. Local executive carves niche as national expert on fast-growing banking-industry technology trend" - Scott Olson, Indianapolis Business Journal (IBJ)

"Brandon McGee, the industry's unofficial ambassador for mobile banking" 

Tuesday, August 14, 2012

Mobile Banking Security - Aug 14

Banking trojan targets BlackBerry users
"Criminals are targeting BlackBerry devices with four new variants of the dangerous ZitMo mobile banking trojan. ZitMo (Zeus in the mobile) appeared two years ago and is designed to steal mobile transaction authentication numbers (mTANs), or one-time passwords."

Security fears hit mobile banking
"Mobile banking has yet to take off in the UK due to a lack of trust in security, according to a new YouGov survey. The survey, carried out on behalf of outsourcing company Firstsource Solutions, revealed that 80% of smartphone users have not embraced mobile banking and 58% are unlikely to use their phone as a 'Mobile Wallet'."

Security fears wrecking trust in mobile finance, survey finds
"A spot survey of UK smartphone users has uncovered a cool attitude to mobile banking with security worries cited as the main reason for users' reluctance. Using a reasonable sample of 2,148 adults, YouGov found that 80 percent either didn't or barely used mobiles for banking or financial transactions, with 58 percent seeing themselves unlikely to use a mobile as a wallet even if that feature was made available."

Mobile Security Still a Race Between Bad Guys and Good Guys
"Pop quiz: Which statement is true? Mobile banking is becoming more secure. When it comes to mobile security, the crooks are gaining. Actually, both choices could be the right answer, experts have said."

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