Curious about the security of mobile wallets. Why are they considered less secure than other wallets? I currently use Trust Wallet which uses fingerprint ID or a pin. If my phone were to be compromised how would anyone be able to access it? How could they obtain my pin/fingerprint?
There is way more malware developed for computers then phones. So mobile wallets are way more secure then desktop wallets. You can of course reduce risk by dedicating your old computer to use as your wallet. So you dont download much if at all there beside updating wallets.