February 26th, 2010 by lhaasMobile phones these days are essentially computers and are increasingly a magnet for criminal activity. Corporations and individuals need take seriously the threat against these devices. And e-forensic investigators need to learn new techniques and devise tools to combat this threat. (Hint: Take a look at viaForensics’ work on iPhone and Android forensics).
The increasing use of mobile devices for banking, money transfer, and payment is increasing the risk that criminals will target these devices for financial gain.
More banks are providing customers with the ability to access their accounts using mobile devices. In a number of cases, criminals have gained access to bank accounts by tricking cell phone providers into issuing SIM cards associated with the customer’s account…
In addition, fraudulent mobile banking applications have emerged for Android devices that attempt to steal personal financial information…
These risks will continue to grow in the coming years as more mobile devices are used to execute financial transactions…
