With so much buzz about mobile banking and mobile payments, BITS is hosting a two-day event to address security concerns for the industry and consumers.
Remote deposit capture, regulatory compliance and authentication are expected be hot topics on the agenda at this week's Mobile Financial Services Forum in Arlington, Va.
The Zeus threat is striking businesses and financial institutions throughout the world, and it's suspected to be the malware behind recent attacks on mobile devices.
Robert Siciliano, a McAfee security consultant and founder of IDTheftSecurity.com, says socially engineered scams that are SMS/text-based will create big headaches for banks and credit unions in the near future.
With all the publicity these fraud incidents have received this year - all the warnings from regulators and institutions alike - I cannot believe awareness is so low.
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