In addition, my phone must carry the software and it must be super simple to setup my credit card and banking information on it.

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The problem is that the solutions are expensive and require lots of information technology (IT) resources to setup and maintain.

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The setup saves people the hassle of looking up their bank information.

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CNET, a tech site that partners with CNN, says the hack highlights how interconnected information is online -- and how vulnerable that setup is to attack.

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