By 2021, millions more of us will be doing our banking on smartphones and tablets, researchers say. The number of mobile bank app users is expected to leap 53% in the next four years. So far, mobile banking has been a pretty secure experience.
Mobile app breaches represented less than 3% of all computer records hacked last year, according to the Identity Theft Research Center, a San Diego tracking firm. But don’t get cozy.
A veritable flood of consumers is heading for mobile, according to Juniper Research. It predicts over three billion people around the world will be banking on mobile by 2021 — quite a lure for hackers who target financial apps.