Mobile banking to be protected by SMobile

[img_assist|nid=10059|title=|desc=|link=none|align=left|width=100|height=100]Financial institutions and customers will be offered a new Secure Mobile Banking and Trading (SMBT) endpoint security solution developed by SMobile Systems (www.smobilesystems.com), the leading developer of mobile security solutions.

Today the number of financial institutions offering mobile banking services is increasing which entails the growth of the global threat for data compromise and virus attacks. With SMobile's Secure Mobile Banking and Trading endpoint security solution mobile trading and banking will be protected from malware and external attacks by protecting the most vulnerable aspect of the transaction: the mobile device itself.

Daniel V. Hoffman, chief technology officer, SMobile Systems says: "Our Global Threat Center monitors and keeps us apprised of all dangers to mobile phones, but increased connectivity and the transfer of sensitive data inherent in mobile banking will open users and corporate networks to a whole new array of attacks that can secretly capture usernames, passwords, account information and device identification information, then upload this information to hackers; this is a tremendous threat and endpoint security is the only means to protect against these attacks that exist today."