Tuesday, 14 July 2020

Mobile Banking Security Tips

Keep Track of Your Mobile Device

5-mobile-banking-security-tips-1Perhaps the biggest risk is also the reason why mobile banking is so popular — mobile devices are easy to carry around everywhere we go. They can contain everything from passwords to contact lists to our calendar appointments. Information like that can be dangerous if your mobile device falls into the wrong hands.

Be Careful of What You Download

While there aren’t as many examples of malware out in the mobile device market as there are on traditional PCs, the fact remains that mobile devices are just specialized computers. That means it’s possible for someone to design an app that could try to access your information. One way this could happen is if the app hides a keylogger.

Use Official Bank Apps When Possible

Many banks now offer official applications in smartphone and tablet app stores. In general, these apps tend to be more secure than sending information by SMS message or e-mail. Most banks go to great lengths to make sure any information sent across a network by an app is encrypted.

Make sure your bank sanctions the app before you download and install it. Most banks will include a section on their Web sites to let you know about the official app. Once you’ve verified the app is official, it shouldn’t be difficult to download and install to your device.

Avoid Banking While on Public Networks

- paying the bills -

Many mobile devices allow you to connect to different types of networks, including Wi-Fi networks. You might be tempted to check your balance or make some transfers while you grab a quick drink at a coffee shop. But before you log into your account, make sure you’re not connected to the public network.

Public connections aren’t very secure — most places that offer a public Wi-Fi hotspot warn users not to share sensitive information over the network. If you need to access your account information, you may want to switch to another network. If you’re using a smartphone or other cellular device, disabling the Wi-Fi and switching to a cellular network is a good solution. You never know who might be listening in over the public network.

Don’t Follow Links

You may have heard the term phishing. Phishing refers to the practice of tricking someone into revealing private information. Fishing and phishing are similar concepts — there’s bait involved with both. With a phishing scheme, that bait might be as simple as a text message or e-mail. It may be as complex as a fake Web site designed to mimic your bank’s official site, which is called spoofing.

You should never follow a banking link sent to you in a text message or e-mail. These links could potentially lead you to a spoofed Web site. If you enter your information into such a site, you’ve just handed that data over to thieves. It’s always a good idea to navigate to a Web site directly. Enter your bank’s Web address into your phone and bookmark it. This will help you avoid bogus Web sites.

On a related note, you should never send your account information or password via text message or e-mail. It’s a common phishing scheme to send out bogus requests for such information. Don’t fall for it!

- paying the bills -
- paying the bills -
Rico
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

[BLOG] Costa Rican Electric Company – General Maintenance Procedures

During my fifteen plus years of living in Costa Rica, I...

Heliport, Money and Weapons in Costa Rica

Following reports by residents of Las Asturias de Pococí about flyovers...

MOST READ

Tourists may legally remain in Costa Rica until November 18, 2020

(QCOSTARICA) The Costa Rica immigration service - Dirección General de Migración y Extranjería (DGME) - this morning, Wednesday, July 8, 2020, published in La...

Costa Rica COVID-19 contagion rate among the highest in Latin America

(QCOSTARICA) In the last two weeks, in Costa Rica, we have seen daily reports of COVID-19 cases rise from the no longer the same...

Alvarado to the press: “They use me to speak things that are insipid”

(QCOSTARICA) Costa Rica's President, Carlos Alvarado, accused the press on Thursday of “using him” to talk about boring things and, therefore, he cannot concentrate,...

Ultraviolet radiation index map for Tuesday July 7, 2020

(QCOSTARICA) Although we are in the rainy or "green" season, the sun can be strong and we have to take care of exposure to...

COVID-19 in Costa Rica: 350 new cases

(QCOSTARICA) Case records don't last long. This Wednesday another 350 confirmed infections were reported in the last 24 hours. According to the information provided by...

Coronavirus in Costa Rica: 649 new cases in 24 hrs, the largest increase

(QCOSTARICA) The Ministry of Health reported this Thursday the greatest increase in confirmed cases of COVID-19, with 649 new infections. Thus, the country exceeded its...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.