SAN JOSE, Calif.-Conditions are perfect for an avalanche of data theft this year as hundreds of credit unions deploy mobile banking services and hackers hit mobile devices for usernames and passwords.

"I believe we are at the tip of the iceberg of mobile security risks," said Victor Smilgys AVP, eCommerce, at $1.3-billion Technology CU here. "There will be more and more cases of trojans, spyware and key loggers." Tech CU launched Web-based mobile banking in 2007 and last year was one of the first CUs to offer an iPhone mobile banking application.

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