Question

Debate on mobile banking is safe both against and in favour

Answer 1

Debate on Mobile Banking safety

Explanation:

Mobile banking does have a secure, fast and convenient way of doing banking.

• The fact that we can log into bank account on the mobile securely is a good way of managing the finances in a much better way,
• Most banks have made sure that mobile banking is safe by continually established security measures to protect customer’s financial information.

Mobile banking also has drawbacks despite being safe.

• The communication messages are not encrypted which lets a high risk of information being used in cyber crimes.
• The anti-virus software suitable for mobile devices is limited which can endanger your mobile device making it open to vicious virus attacks which can comprise of financial information.