Security Risks Prevent Consumers from “Buying” into Mobile Banking
Kaspersky Lab announced the results of a survey which found that banking customers are hesitant to use mobile features due to fraud and security concerns.
The findings show that of those not using mobile banking at all today (36 percent), more than half of them (74 percent) cited security as the major reason, which could slow the overall adoption of mobile banking services during a time where mobile device usage is exploding.