The use of mobile banking is the norm in the age of the Internet. However, with the growing interest in modern technologies, the scale of threats increases. What?
The banking application installed on your smartphone allows you to monitor your expenses on an ongoing basis, and is a faster and less formal form of making banking transactions. However, it carries a number of dangers, the purpose of which may be to attack the savings accumulated on the account. To minimize the risk, remember the basic safety rules.
First of all – a wise choice
Before you decide to use mobile banking, you should check what security standards the bank offers. In the process of eliminating all threats, the basis is to download the banking application from stores dedicated specifically for specific operating systems.
This means that owners of Android phones should use Bubble Play services, ePhone fans have an Apps Store at their disposal, while Windows Phone users are provided for Windows Phone users. Failure to follow recommended recommendations and installing software from an unknown source may prove to be a tool in the hands of a hacker who will take control of the phone and our banking.
Remember to install as few additional applications as possible. You never know if Malware is behind them. The risk is further compounded by the constantly turned on Internet. Continuous correspondence with friends via Hacebook or video playback on HouTube can be expensive, as these are favorable conditions for cybercrime.
The hacker then has constant access to the data on the phone, including the login and password, thanks to which access to the bank account for unauthorized persons and disposing of the funds accumulated on our account will be extremely easy.
PIN is not enough, SMS – too much for one device
Strong authentication of transactions is another important issue supporting the security of mobile banking. Gaining access to the banking application only by entering the PIN number in the telephone or confirming the transfer via SMS received on the same device from which the order is being carried out, will not provide sufficient protection.
In addition, remember to regularly update the software to seal the banking application and thus – avoid unwanted third-party actions.
Mobile banking is an ideal solution for people who value comfort and save time.
After all, time is money. However, you should not forget about protection measures. Otherwise, a salary bill can be issued for haste and negligence, which will significantly reduce your home budget. To avoid this, use common sense and remember
about the basic safety rules.
Secure bank on your phone:
- download applications
- from stores dedicated to the system on your smartphone
- avoid installing too many other applications
- turn off the internet
- on your smartphone if you don’t use it
- encrypt transactions
- in a complex way (not only the PIN code)
- regularly update the software