Wells Fargo has announced that it plans to roll out biometric security technology in July. Users will be authenticated through eye prints.
Security firm FireEye has released a report indicating the mobile banking trojan, SlemBunk, is becoming more and more sophisticated as the number of mobile banking users rises. The malware is designed to attack Android devices and steals mobile banking credentials. The original report identified at least 30 mobile banking applications that were affected, including those in North America, Europe and Asia Pacific. An update to the report indicates the attack is even larger than originally identified.