Mobile banking brings new risks

Virtues and devices

man-using-mobile

Consumer mobile electronic devices such as smartphones and tablet computers have increasingly been incorporated into their users' professional lives. The practice of ‘bring your own device' (BYOD) to work is expected to grow 105% in the next three years in the UK, US, China, Brazil, Germany and India, according to a survey by Cisco Internet Business Solutions Group (IBSG), the consultancy arm of US network specialist Cisco. In financial institutions, the introduction of mobile devices has

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