It may come as a surprise to many, but in today’s age, there is more security with a mobile device than a desktop computer. However cyber security experts don’t want us to be fooled into thinking this will last. It’s just a matter of time before fraudsters divert their resources and attention to mobile banking. Until then, the major safety issue is us – the end users of mobile banking.
The Top 5 Mobile Banking Mistakes Made by Users
- Using passwords that are just too easy to guess. Your password should always have a mix of numbers, uppercase and lowercase letters, and characters/symbols.
- Re-using widely used passwords. It’s easy to want to just stick with a few passwords for memorization purposes, but it can be dangerous. Always come up with new ones and change them often.
- Not re-setting phones to original factory settings when discarding or selling. It’s simple to delete your information. Think about the info on your phone and what your phone has access to.
- Downloading apps from unverified sources. Use only approved apps from major download locations.
- Clicking on unknown links in an email. It’s hard to see URL addresses on a mobile phone, so many are quick to just click a link in an email. If you wouldn’t click on your desktop, then don’t click it on your phone.
Mobile banking security is strong. Educated users can keep it that way!