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May 16, 2013
MIAMI — Smartphones are increasingly popular not only with consumers, but also with thieves who see the devices as another way to tap into bank accounts and other sensitive information, experts say.
Many consumers simply don't realize how vulnerable their Androids, iPhones and other devices can be. An April study by the Federal Reserve Bank of Atlanta said threats are proliferating, ranging from “phishing” — where consumers click a phony email or text message and are tricked into handing over personal information — to consumers' reluctance to use security protections they normally have on home computers, like a password.
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