PUBLICATION & RESEARCH LIBRARY

Authors: Ken Baylor

Publish Date: December 10, 2013

Mobile banking is undergoing tremendous growth as customers increasingly choose smart devices over bank tellers. However, while banks are profiting from online banking and mobile banking, so too are the cyber criminals that target these services with highly specialized financial malware. In order to defend themselves from the man-in-the-browser (MITB) attacks that are plaguing online banking, financial institutions are depending more and more on mobile devices as secondary authentication factors.