Mobile banking can be as safe and secure as it is convenient. But being aware of the vulnerabilities of this technology will help make your mobile banking even more secure. Change your passwords regularly and avoid accessing your mobile banking in coffee shops or airports. Start using your mobile devices security features such as lock-screen and fingerprint recognition. You should also avoid using public wifi networks for shopping or checking your bank balance – criminals have ways to “listen-in” on these open networks and gain access to your information.
In addition, learn about the methods that cyber-criminals use to gain access to your mobile devices, and how to protect yourself from them. Such methods include phishing, spoofing and keylogging. There are also risks related to opening emails from unknown sources, downloading un-approved apps and malware that can be embedded into your phone.
Take a moment to review this informative article on mobile banking security.
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