McAfee security specialists say contactless payments technology pose a threat to consumers’ financial information, according to Reuters UK.
Mobile devices have little or not security, says Greg Day, an analyst at security specialist McAfee. At least 79% of consumers are using unprotected mobile phone handsets, while 15% are don’t know the security levels, according to a recent poll of 2,000 mobile users in the UK, U.S. and Japan.
“The mobile space is fraudsters’ biggest opportunity for the future, largely because many people still see their phone as a communication device, rather than something that they have to keep secure,” says Day.
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