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Growing need for security in online banking

Deutsche Bank Research
09
Feb
2012

 Mobile devices (smartphones, tablets) are conquering mass markets and are increasingly being used for online banking. However, they are also increasingly susceptible to abuse. Both the fear of cyber attacks and experience of internet crime are on the rise. The security consciousness of users is also increasing. This has led to high growth rates in the IT security market. Sales are expected to rise to EUR 25 bn by 2025.

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