asked 139k views
5 votes
Why is mobile banking considered riskier than online banking?

Mobile devices are more likely to have malware loaded on them.

Mobile devices are more likely to transfer financial data incorrectly.

Mobile devices have more fees associated with their services.

Mobile devices are less likely to function correctly than home computers.

Mobile devices are more likely to be lost or stolen.

2 Answers

3 votes

Answer:

Mobile devices are more likely to have malware loaded on them.

Step-by-step explanation:

Just trust me bro

answered
User Sujith PS
by
7.7k points
4 votes
Mobile banking describes financial transactions done remotely using a mobile device such as a smartphone or tablet.
Mobile banking is considered riskier than online banking because of the following facts:
Mobile devices are more likely to have malware loaded on them. (Malware specifically targeting mobile devices has become a very real and prominent threat).
Mobile devices are more likely to be lost or stolen.
answered
User Tread
by
8.4k points

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