Tech Talk: How Much of a Security Risk is Your Smartphone?

Making phone calls and sending text messages on mobile phones are becoming secondary to everything else they do these days.

From browsing the web and sending emails to online shopping and even paying bills and doing your banking, smartphones today hold so much important information about your life, that it is little wonder that cybercriminals are increasingly targeting these powerful devices.

Cyber criminals are not stupid. They will always follow the money and as the world of computing has becoming increasingly mobile, so have cyber-attacks.

Mobile malware has increased exponentially in the last couple of years, as cyber criminals look to steal your information and you money.

But just how easy is it for cyber criminals to steal money from your smartphone or tablet? Last week I met up with Winston Bond from security firm Arxan and he showed me just how simple it is for cybercriminals to trick users into giving away their banking details.