banking

How to dodge 7 mobile banking threats

Banking » How To Dodge 7 Mobile Banking Threats

Mobile banking malware on the rise
Mobile banking malware on the rise © JMiks/Shutterstock.com

Any conversations about the future of mobile must include a discussion about the growth in malware, which are software programs like spyware, Trojan horses and worms that are designed to damage or interfere with normal computer functions.

Until recently, most malware attacks have focused on computers. But in the past couple of years, new malware on smartphones, particularly Android phones, has exploded, says Robert Siciliano, an online security expert with McAfee. He says that because the Android operating system is open-sourced, it's easier for people to create malware for it.

Aite's Inscoe says users should remember that their phones are like computers, except even more personal because they carry their phones with them all the time. She says mobile phone owners should install antivirus software and use it on a regular basis.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Ask Dr. Don

How to cash aunt's savings bonds

Dear Senior Living Adviser, I have the power of attorney for my aunt who has dementia and lives in a memory care home. She has about $30,000 in Series EE savings bonds. She is rapidly going through her savings paying for... Read more

advertisement
Partner Center
advertisement

Connect with us