Don’t Wait
Hackers are now starting to target your smartphone. Malware that steals consumer banking information is making its way onto mobile phones. When consumers log into their bank accounts on their mobile phones, they are making themselves susceptible to hackers. Malware can get into phones via text message or by tapping on website ads.
Once it is on your phone, it lies dormant until you open a banking app. Financial companies have been pushing consumers to do much of their banking and purchasing using their smartphones because it reduces cost and improves efficiency. The Federal Reserve said that 53% of smartphone owners used mobile banking in the past 12 months, up from 43% in 2011. Experts don’t know how much money has been stolen so far, but the growing popularity of Ace Card and GM Bot has captured the attention of the FBI and US banking regulator. Some tips for protecting your mobile phone and your money from hackers are:
1. Only download official apps from reputable sources such as Citi Bank, Wells Fargo, and Chase. 2. Only download what you really need. 3. Install an anti-malware program. Most phones come with it, but it is helpful to have extra insurance. 4. Be aware of what you do when using public Wi-Fi. Do not conduct personal financial transactions using public Wi-Fi. 5. Don’t tweak the operating system of your phone. If your phone is blocking you from getting a certain app, there is probably a good reason for it. 6. Don’t click on a text message if you don’t know who it is from. 7. Use fingerprint technology for security and use different passwords for banking and other sites. 8. Keep track of your bank accounts.
If you see an unauthorized transaction, report it right away.
Google Launching Uber-Like Service Through Waze
-
Leaked box art has given us a glimpse of who will be in the game. When it was first...
-
Without this game, Sony has a bit of a gap in its schedule. During the Gamescom 2021 presentation yesterday,...
-
The upcoming game will be a bit of a departure from the norm. After its initial reveal during a...
-
The Chinese video app overtook Facebook in usage last year. According to digital analytics company App Annie, Chinese video-sharing...
-
The new tier removes ads while trimming extra features. YouTube’s $11.99-per-month premium subscription provides several changes to one’s viewing...
-
You’ll be able to block unwanted users from accessing your files. Google announced a new feature for their Drive...
-
Windows has entered the realm of cloud computing. While Microsoft has had Remote Access baked into Windows operating systems...
-
The long-running series may be switching to a live service format. Video game publisher and developer Ubisoft announced today...
-
Stream a massive catalog of games from anywhere with an internet connection. Microsoft has been diligently hammering away at...
-
The controversially buggy game is back, albeit with a warning. Not too long after its release last year, CD...
-
What’s the next big step for the world’s most popular OS? The transition between Windows 7 and Windows 10...
-
The conference will begin on June 7. Apple has become so ubiquitous in the tech world, that even an...