5 Tips for Smarter, Safer Mobile Banking
Tip # 1 - Secure Service Providers
Smarter, safer mobile banking begins with knowing who is responsible in a worst-case scenario. Avoid independent apps that have questionable security accountability. Find out which company is liable -- the cell phone service provider or the application company -- if your account is jeopardized. Do not sign on the dotted line until you know whom to contact if security problems arise.
Tip # 2 - Security Protocols
Select a mobile payment system that requires multiple passwords or a pin/password combination. Do not begrudge these small annoyances; they can save you big when you need it. Pick a payment system that protects the SIM card from fraud. Crooks can access unprotected cell phones and peek at your account information.
Tip # 3 - Password Strength
Avoid being witty and clever when choosing a password. Go for random passwords that combine upper and lower case letters along with numbers or other characters. Enroll in an encrypted password program that stores your passwords in case you forget them.
Tip # 4 - Don't Store Information
In a perfect world, storing Social Security Numbers, passwords and birthdates in your cell phone would be a terrific idea. Unfortunately, criminals are on to these ideas. Besides keeping your money information out of the mobile device memory, you should avoid storing any sensitive information on your phone, even assigning text like "home" or "office" to phone numbers.
Tip # 5 - Data Removal
If you lose your phone or suspect your device's stored information may be in jeopardy, you should purge your digital information remotely. Some device companies allow you to wipe away phone numbers, stored passwords and even text messages. Wipe your memory card clean from a land line or another cell phone by using a remote data removal service. Ask your app service or device provider for more information about removing data remotely.
Protect yourself and your money by using smarter, safer mobile banking.
Published by Monica Bullock - Featured Contributor in Beauty and Lifestyle
Monica is a small business owner and writer living on the Gulf Coast. After attending college at the University of South Alabama, Monica purchased her own cosmetics and skin care business. In a few years, sh... View profile
- ICE Your Cell Phone: In Case of Emergency Phone Contacts Programmed into Your Cell...This article reviews the ICE concept by inputting all emergency phone numbers into ones' cell phone under the acronym ICE ( In Case of Emergency).
- We Can All Hear You Now! Cell Phone EtiquetteHave you ever been seated in a restaurant, already to eat your dinner, when your cell phone rang? Do you answer it and talk to whoever is on the other line or do you reach out and mute it, not wanting to disturb anyone?
Buyers Guide to Family Cell Phone PlanSo you've finally decided to get a cell phone for each member of your family, but you're not exactly sure how to choose the best family cell phone plan. Worry no more, just foll...- Feed Tribes: Where Cash Meets Cell PhoneWith the introduction of FEED services, consumers can now use a cell phone to pay for consumer products.
- Must-Have Cell Phone AccessoriesIn this article you will find out all of the must have accessories needed in this day and age to acompany your cell phone. These items are essential to have if you want to be able to communicate with the best of them...
- Mobile Banking with Your Cell Phone
- Is Cell Phone Banking Convenient? Reviewing Bank of America, Citibank & Chase
- Guide to Mobile Banking: Bank of America, Wells Fargo and CitiBank
- Full Service Banking Via Your Cell Phone
- Password Security: A Practical Guide
- User Tips for National City Bank Online Banking
- Headaches from Cell Phone Towers?