The development of internet technology has helped businesses a lot. Business executives have widely used the internet in their companies. They now have more options available to them when it comes to communicating with clients and, they can complete their financial transactions anytime and anywhere. They can do online banking so they no longer have to make frequent trips to the bank. They can choose to use teleconferencing so now, there are less face-to-face meetings.
The earlier technology versions of online transactions were mostly done using desktop computers. Later, laptops and notebooks became more accessible and transactions were made even easier. Companies can easily keep track of their financial records from almost everywhere. Today, the use of smart phones is slowly becoming more popular among businessmen. In the past, these gadgets were largely used in social networking, more particularly Facebook and Twitter.
A new survey showed that more and more people are using their smart phones to transmit personal and financial information. The purposes of uploading these pieces of information are mostly for online banking, shopping or social networking. Among users, about 17% use their smart phones for money matters. This fact has attracted the interest of online criminals to take advantage of making money at the expense of companies.
Critics said that doing online transactions with the use of a mobile device is both fun and time saving. Clearly, criminals are also on their toes, ready for every chance to see how they can benefit out of the situation. That is why businessmen should not be overly confident, but should remain cautious. There is a new technique used by online criminals that is concealed under the guise of “the good stuff”.
The ongoing increase in the demand for smart phones and mobile and web applications has given online criminals the “go” signal. They have seen the benefits of using malicious software (or malware) in order to get into users’ accounts. Hiding behind online application stores, these criminals would lure smart phone users to download rouge apps. Without noticing it, the user also downloads a program that would allow the swindler to take control of his phone. With the rouge apps, criminals would eventually gain access to all personal and payment data of the phone owner.
Smart phone users have to take full control when deciding to use their device for accessing the web. Furthermore, they should be careful about applications they are going to download. They should learn lessons from those previous victims who suffered unauthorized charges against their accounts. Some were made to pay for premium calls that they did not make. As smart phone users, you are expected to be smarter than the online criminals, right?
Tags:
Crime,
Criminals,
Hackers,
Identity Theft,
Privacy Issues,
sophisticated criminals,
verification methods