A recent New York Times article paints the picture well. The rise of smartphones and web connected electronics poses a new set of security challenges. Many of these devices lack the basic protections found on most personal computers, and new technology is outpacing security standards.
As eCommerce activities migrate to these mobile devices, we can expect cyber criminals to find creative new ways to steal your money and your information. In many respects, this is uncharted territory. Citadel encourages you to stay mindful and cautious in adopting mobile web technology. While we buy music and books from our iPhones, we continue to recommend readers NOT use their smart phones for online banking.