Coronavirus Cash Handling Scare: Virus Lives On Paper; Spike in Mobile Payments & Fraud Risk – Expert Advise

By   ISBuzz Team
Writer , Information Security Buzz | Mar 16, 2020 02:58 am PST

As research today shows the Coronavirus can survive on paper-based surfaces for up to 24hrs, fear of handling cash is tangible amongst consumers due to Coronavirus, and until the Federal Reserve and Treasury Department issue an official statement about the safety of paper currency, many consumers are moving towards mobile payment platforms. But attackers are catching on and will be looking to exploit security vulnerabilities of this potential increased adoption of mobile payment apps.