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As more consumers conduct banking transactions and e-commerce on their phones, fraudsters will do their best to exploit any system weaknesses. Companies are taking advantage of the security-boosting technology built into smartphones and tablets, as well as employing robust identity-verification solutions.
But is it more difficult to mitigate risk on mobile devices? In this article, we answer five key questions that can help you gauge your risk. They include:
- Do mobile devices create greater opportunities for skilled fraudsters?