Smart hackers who understand how always-connected devices work — and who know how to exploit the various security bugs found in operating systems — are capable of infecting mobile devices with malware that can of incur costs and/or steal data. They can do this using a number of methods: By grabbing personal data in sophisticated attacks targeting retail store chains and banks, conducting advanced online phishing attacks, or stealing money directly from ATMs, to name just a few of the recent security threats detailed by various reports.
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