select the correct answer. why is mobile bank...
select the correct answer. why is mobile banking considered riskier than online banking? a. mobile devices are more likely to have malware loaded on them. b. mobile devices are more likely to transfer financial data incorrectly. c. mobile devices have more fees associated with their services. d. mobile devices are less likely to function correctly than home computers. e. mobile devices are more likely to be lost or stolen.
Answer
# Brief Explanations:
Mobile banking risks mainly stem from device - related security threats. Mobile devices are highly portable and thus more likely to be lost or stolen, which can expose financial information. Malware is a concern but not the most distinct risk compared to loss or theft. Incorrect data transfer, service fees, and functionality issues are not the main reasons for higher risk in mobile banking compared to online banking.
# Answer:
E. Mobile devices are more likely to be lost or stolen.