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Maybe the market is small enough, and the transactions small enough, that the competent hackers are attacking other systems.
by PotatoEngineer 13y ago
Maybe the market is small enough, and the transactions small enough, that the competent hackers are attacking other systems.
- i2pi 13y agoThe market is large enough, the transactions are relatively large, too. In Kenya, M-Pesa is by far, the #1 payments service, with nearly half the country using it. It grew acceptance as a replacement for the other way of remitting money from the cities to villages - busses. Prior to M-Pesa, bus drivers would act, for a fee, as money carriers, bringing income back from the cities to families back home. The competent hackers were, literally, brute-forcing the old system. Bus drivers are easier to compromise than mobile handsets and infrastructure.