Many internet “experts” talk about mobile internet and banking, but the security of these systems is suspect.
Rs 86000 stolen from ICICI bank account through mobile banking.
From:http://epaper.hindustantimes.com/ArticleImage.aspx?article=12_12_2009_001_029&mode=1
Mobile phones are not secure, I have received strange SMSes from JustDial and DNA , better to be low tech and safe.
Related : http://economictimes.indiatimes.com/LATEST-NEWS/Rs-500cr-land-row-Builder-hacks-into-partners-email/articleshow/5260031.cms