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How secure is mobile phone banking?


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Make sure your bank uses two-factor or multi-factor authentication. Two-factor authentication requires customers to use not only a password or PIN to login to their account, but also a second way to confirm their identity, such as duplicating a code that had been sent via text message to their cell phone.
There's another possibility where a hacker doesn't try to fake a mobile banking app or put malicious code on your device – it's when you use public WiFi. ... Even if you aren't using your banking app, this could give hackers the ability to see frequently used usernames or other sensitive information.

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Created by spiderkw 5 weeks 4 days ago – Made popular 5 weeks 3 days ago
Category: Finance   Tags:

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