Mobile
Mobile Banking Security: 7 Reasons Why The Apps You Use Are Not Safe - Appknox - Mobile App Security, Resources, Best Practices & News
Reported by blog.appknox.com
Mobile banking has been trending in the Indian banking ecosystem. Financial institutions have been promoting and heavily publicizing mobile banking over traditional banking. The strategy is simple, when customers install mobile banking app on their phones, they can easily process banking transactions such as checking their account balance, transferring money online, requesting bank statement and check books or activities that would have otherwise been executed at the physical bank branches. Mobile banking security, however, has not been given due attention and has led breaches of many banks and consumer accounts in the recent past.
