Baddies of the internet: It's all about dodgy mobile apps, they're so hot right now Rogue mobile apps have become the most common fraud attack vector, according to the latest quarterly edition of RSA Security's global fraud report. Fraud from mobile browsers and mobile applications made up 71 per cent of total fraudulent transactions recorded (of approximately 402,000) in Q2 2018, compared to 61 per cent in …
Really? Gotta wonder what all they get out of it
Branch closures, reduction in staff costs (branch staff and sales), fast & cheap roll out of new products, reduced postage costs, and that's before any neferious data/location snooping.
The question should be what does the customer get out of it?
> My bank tells me it's all perfectly safe !
That's because they are still polite and try to sugarcoat it...
Soon they will tell you that you have to use it if you want to manage your money, and that the only way to speak with a (guaranteed clueless) human would require taking an appointment with a waiting time of 3 months, and make a trip to the bank's HQ, wherever it might be. Also a processing fee of £50 will be debited from your account for each appointment made.
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