With the advancement of the Internet into just about every sector of life, it’s no surprise that online banking has become incredibly popular. This service is both quick and efficient, with many institutions allowing for their account holders to even cash a check by taking a picture with their smartphone. Online banking’s convenience is obviously a huge benefit, but what about its security?
Recent Trend Micro research has discovered that hackers have found an interesting dynamic when it comes to cyber attacks against financial institutions. As soon as one major hacking ring is taken down, another steps up to take its place.
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