Mr. Richard Walsh:

I do not want to be too alarmist. The mobile banking apps use a very high level of security when interacting. It would be very unusual for one of those apps to be able to eavesdrop when a person is in his or her banking app. They can eavesdrop and find it more easy to observe when someone is entering his or her credit card details onto a general website. It is those kinds of key strokes that they can monitor. If representatives of Apple and Google are coming before the committee, they can give more detail as to their protections in that regard. There are some key loggers out there. They will record absolutely everything until they hit one of these secure apps. There will be a gap then and they will pick up again thereafter.