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Write 5 pages with APA style on Security in Bluetooth and other Mobile Devices

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Write 5 pages with APA style on Security in Bluetooth and other Mobile Devices. The major purpose of this discussion is to investigate and assess security in Bluetooth and other mobile devices. Furthermore, the discussion will be based on identifying precautionary steps that will help in mitigating the impact of security threats in a well planned and organised manner.

The banking industry is one of the highest growing industries across the world and the presence and acceptance of mobile technologies in the industry have facilitated financial tasks and activities. Banks offer a number of mobile banking services in the form of mobile transfer, mobile banking, and mobile messaging. All these services require customer information and banking passwords. With large numbers of customers using mobile devices and banking services to save their time and energy, the threat of mobile fraud has been increasing at a rapid pace. Customers’ accounts are vulnerable to hacking that exposes them to security threats in the form of their personal information and data being hacked. Customers use mobile devices to transfer money from one account to another along with checking and updating their account information. When this information is hacked. there is always a possibility of security threats that can also impact the banking transactions in a significant manner. Many customers jailbreak or root their mobile devices using software and application of unknown provenance (Molisch, 2005).

These poor security habits create a good amount of financial risks for banks as they cannot control many of these applications. Furthermore, these applications interact in a manner that is hard to assume and often possess the danger of security threats. It is often believed that hackers and automated malware can change the behaviour of these applications. Furthermore, they can also substitute account numbers, modify amounts,&nbsp.initiate fraud transactions along with recording personal and banking information.