Remote Deposit Security Remains a Priority
There are also regulatory changes for securing electronic banking. Along with knowing that cyber crooks will naturally gravitate toward the growing mobile channel, financial institutions also have to comply with new rules such as the Federal Financial Institutions Examination Council’s guidance that kicks in in 2012. Ultimately, credit unions and banks will still have to find ways to assure consumers that mobile banking is safe, experts continue to say.
“Those of us working in mobile all have a good awareness that there’s the need to do something. I just don’t think many people have figured out what that something is yet,” said Adam Dolby, eBanking manager for the Americas for Gemalto, a digital security firm based in Amsterdam.