Caller Beware: Smartphones Present Tons of New Security Threats

That new iPhone or Google-powered phone in your pocket could be more valuable to thieves than your wallet.

For years, phone makers have said smartphones aren’t as vulnerable to viruses as PCs. But today it looks as though smartphones are more vulnerable to attacks -- and present unique new dangers in terms of identity theft, spying and fraud.

Passwords can be easily decoded and malicious software can silently pilfer personal information and rack up expensive charges. And good luck preventing it.

"It's reminiscent of the '80s, when viruses and malicious programs were infecting PCs," Ryan Naraine, security evangelist for the security firm Kaspersky Lab, told FoxNews.com. The difference now, he said, is that smartphones present an even greater danger because they often contain banking information and even give online crooks your exact location via GPS and wireless connections.

Continue reading; FOXNews.com

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