Beware the smartphone security threat — new report claims most banking scam attempts now take place on mobile devices
THE SO WHAT
If 90% of scams and a 35% year-on-year jump in banking fraud are now mobile, your threat model has to start at the handset, not the branch or desktop. Banks and fintechs should be pushing in-app behavioral analytics, stronger device binding, and real-time education at the point of transaction, not just better passwords.
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