By Peter Hannay
Malicious software on popular mobile platforms such as iOS and Android is at best a nuisance and at worst a security threat to individuals and businesses. Known as malware, some perpetrators use it to infect apps and get inside your smartphone. Why do they do it? Money, mostly.The recent Joker malware, for example, was reportedly found in 24 apps in the Google Play store. It seems to have made money for its creators by silently signing users up for subscription services, something they might not even notice they did unless they’re diligent in checking their monthly credit card statements.With millions of apps out there, it’s a growing problem.
By AshwinVairu
The banking sector has seen a significant transformation since its inception. The days of standing in long queues even for a simple money transfer are a thing of the past. Now users can do net banking, pay utility bills, check account statements all through mobile banking and banking apps.Studies highlight that banking apps will witness a 14% increase every year. Banking apps now integrate with modern technologies like Big Data, Artificial Intelligence, IoT, and Blockchain to improve security and convenience. Banking apps are rich in features and tend to reach a more extensive audience base. Customer insights through data visualization and an intuitive experience have become the new ways of banking.
