Caught an article in the ComputerWeekly (a UK based publication) about the possibilities of banking and payment initiatives coming to fruition this year. Along with new initiatives come new avenues for improper uses, such as malware that could exploit the new capabilities.
Here's a quote from the article:
Bob Egan, an analyst atTowerGroup, said, "The success of mobile banking and payments, as wellas the concept of the mobile wallet, will be measured against theindustry's ability to effectively contain malware problems to a levelthat is at least on par with that of the existing internet channel. .... "IT managers must examine extending their existing malware and virus security initiatives to include mobile phones.
I'd love to not have to carry a wallet someday but will I need anti-spyware software and anti-virus software and all the other add-ons that I currently use to protect my PC? I hope not.
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