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Smartphones are becoming attractive targets for hackers and producers of malicious software because many of the devices contain a wealth of sensitive personal and financial information, experts said.
Seven percent of smartphone owners were victims of identity fraud in 2011, a one-third higher incidence rate compared to the general public, according to a recent survey by Javelin Strategy and Research.
Smartphones often contain people’s banking data, contact information, work and personal email accounts, and family photos, making them a “wonderful target” for hackers, said Vikram Sethi, director of the Wright State University Institute of Defense Studies and Education.
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