Despite security concerns, mobile banking here to stay

Source: National Cyber Security – Produced By Gregory Evans It’s 2016 and it seems that online banking is here to stay. After all, the majority of adults in the United States own mobile phones, and more than three-quarters of those are internet-enabled smartphones. Since 2011 when the Federal Reserve System…

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Samsung says its mobile payments data is safe despite hack

Source: National Cyber Security – Produced By Gregory Evans Samsung Electronics has said its mobile payment system is safe after a hacking attack against its US-based subsidiary LoopPay. An article in the New York Times on Wednesday said the hacking incident had occurred against LoopPay’s network in March. LoopPay, acquired…

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