Hacking Mobile Phones for Identity Theft

We are at the beginning stages of criminal hackers developing tools and techniques to steal your money using your own cell phone. History proves it.

Fifteen years ago cell phones used to be bagged, then bricks, and made calls that dropped every other minute. Cell phones have evolved. Now a cell phone is a lot more than a phone. It’s a computer that rivals many desktops and laptops being manufactured today. A cell phone can pretty much do everything a PC can do, including shopping online, banking and merchant credit card processing.

Then, mid to late 90s came the personal computer. First used for word processing and solitaire. They were slow and stodgy. Today they are fast multi-media machines capable of performing amazing tasks.

Both technologies have evolved dramatically. And with consequences.